67 George Street, Launceston, TAS 7250 sold on 16 October 2026 | OnTheHouse
SOLD
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Sold on 16 Oct 2026 - Price Unavailable

67 George Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 134m2
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Property Details for 67 George St, Launceston

Building Type
Commercial
Year Built
1860
Floor Size
250m2
Land Size
134m2
Local Government
Launceston
Lot/Plan
1/49219

Last Listing description (October 2026)

A fully leased, Victorian-era retail investment in the heart of Launcestons CBD. Positioned on one of the citys highest-traffic streets just a block from the Brisbane Street Mall, 67 George Street offers exceptional street exposure, an iconic period facade, and two quality tenancies generating combined net income of circa $50,000 per annum ex GST.

Both tenancies are well-presented and in good order, meaning an incoming purchaser can expect minimal capital expenditure requirements from day one.


The ground floor is home to The Grain Grocer, a well-regarded and well-patronised independent grocer with a loyal local following, whilst the first floor welcomes Kin Movement, an exciting new wellness and movement studio operating under a freshly executed lease, together forming a complementary mix of established and emerging occupiers.

George Street sits at the heart of Launcestons most activated retail and hospitality precinct, characterised by an eclectic mix of independent food, wellness and lifestyle operators that draw consistent foot traffic throughout the week.

With tenancies in place and outgoings well managed, a prominent street position, and the enduring appeal of a well-preserved Victorian commercial facade, 67 George Street is the kind of asset that holds its value and its character in equal measure.

- Combined net income circa $50,000p.a. ex GST
- Two tenancies providing income diversity
- All statutory outgoings met by tenants
- Prominent George Street position with high daily foot traffic
- Currently configured as two tenancies with potential to reconfigure as a single occupancy
- Well-presented throughout with quality fit-outs in both tenancies
- Surrounded by established independent retail, hospitality and wellness operators

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.

Property History for 67 George St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
16 Oct 2026
Listed for Rent
$767/w
18 Aug 2020
  • 16 Oct 2026
    Sold
  • 24 Aug 2026
    Listed for Sale Offers over $800,000
  • 26 Jun 2026
    Listed for Rent $32,000 / week
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About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the 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 3,726 properties. Over the last 5 years, Houses in Launceston have seen a 19.01% increase in median value, while Units have seen a 16.62% increase. As at 30 September 2026:

  • The median value for Houses in Launceston is $866,709 while the median value for Units is $596,788.
  • Houses have a median rent of $600 while Units have a median rent of $475.
There are currently 19 properties listed for sale, and 12 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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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.