67 Boland Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

67 Boland Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 820m2
Land area: 3579m2
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Property Details for 67 Boland St, Launceston

Building Type
Commercial
Year Built
1981
Floor Size
820m2
Land Size
3579m2
Local Government
Launceston
Lot/Plan
1/22033

Last Listing description (September 2022)

This expansive and high profile site is strategically positioned on Launceston's premier bulky goods strip; Boland street. Rarely does property come to the open market in Boland Street due to the exceptional performance of the area, home to major brands such as Kmart/Coles, Mitre 10, Autobarn, Symbion, Gyprock, Husqvarna, Shiploads plus many more.

Occupying a generous land holding of 4,439 sqm comprised in two titles, allowing the opportunity to purchase in two separate entities for strategic tax benefits.


- Three tenants providing current holding income of $137,250 pa
- Tenants responsible for 100% of all statutory outgoings
- Excellent main road site exposure
- Desirable 'Commercial' zoning overlay
- Lease tenure negotiable

The site is extremely well suited to owner-occupiers who can benefit from strong holding income whilst planning redevelopment or organising relocation, alternatively the site lends itself to investors/developers seeking a flexible tenancy configuration allowing part re-development of the site whilst receiving income from the other tenancy areas.

For further detail and scheduled inspection, contact the agent.

Property History for 67 Boland St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$2,495,000
16 Aug 2022
  • 16 Aug 2022
    Sold for $2,495,000
  • 07 Aug 2022
    Listed for Sale Contact Marcus Douglas
  • 28 Nov 2019
    Sold for $1,450,000
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About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of total area. The population of Launceston in 2016 was 2944 people. By 2021 the population was 3110 showing a population growth of 5.6% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation.In 2021, 46.80% of the homes in Launceston were owner-occupied compared with 48.20% in 2016.

Launceston has 3,720 properties. Over the last 5 years, Houses in Launceston have seen a 37.21% increase in median value, while Units have seen a 29.64% increase. As at 28 February 2026:

  • The median value for Houses in Launceston is $789,184 while the median value for Units is $513,760.
  • Houses have a median rent of $530 while Units have a median rent of $460.
There are currently 23 properties listed for sale, and 13 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 122 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.