PARK/25-31 Wellington StreetLaunceston TAS 7250
Property Details for Park/25-31 Wellington St, Launceston
Last Listing description (October 2022)
Rare opportunity to lease high profile food outlet within Morty's Food Court, in the prime position as Shop 1A with window frontage.
Morty's is the premier family dining destination on the fringe of the CBD.
In close proximity to the Village Cinemas and national food outlets KFC, Pizza Capers and Subway.
- Ideally suited to offering Italian/pizza, Greek, fish and chips, Mexican or themed cuisines.
- New wall lining, floor surface and gas, trade waste & plumbing provided.
Owners will discuss canopy & exhaust provisions.
- Floor area of approximately 24 sqm
Property History for Park/25-31 Wellington St, Launceston, TAS 7250
- 01 Oct 2019Listed for Rent - Price not available
Recent sales nearby
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0About 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 3,724 properties. Over the last 5 years, Houses in Launceston have seen a 25.41% increase in median value, while Units have seen a 12.75% increase. As at 31 August 2026:
- The median value for Houses in Launceston is $870,305 while the median value for Units is $557,467.
- Houses have a median rent of $600 while Units have a median rent of $470.
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