28 Garfield StreetSouth Launceston TAS 7249
Property Details for 28 Garfield St, South Launceston
28 Garfield St, South Launceston is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1996. The property has a land size of 698m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in December 2014.
Last Listing description (December 2014)
Ideally located within walking distance to the CBD, this great property offers a front fully rendered, modern home converted into offices featuring large, low-maintenance aluminium windows attracting plenty of light, functional layout and full kitchen. With lovely street appeal and offering vertical blinds throughout plus heatpump, this building could easily be converted back to a 3 bedroom house. At the rear there is a large warehouse and office complex (the warehouse is 100m2 approx) complete with plenty of off-street parking. Housing two long-term leaseholders, the same tenants have occupied the front building for 10 years and the rear tenants are on a 3 year lease with a 3 year option. Both properties are low-maintenance with a relatively recent fit-out and the property has the potential to be strata-titled (STCA). Offering a good return of approx. 7.5% this property offers an excellent opportunity. Call me today for more information and to arrange your viewing.
Ananda Cairns : 0488 448 071
Property History for 28 Garfield St, South Launceston, TAS 7249
- 02 Dec 2014Sold for $415,000
- 20 Nov 2014Listed for Sale $399,000 - $439,000
- 25 Jan 2014Listed for Sale Not Disclosed
Recent sales nearby
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0About South Launceston 7249
The size of South Launceston is approximately 2.8 square kilometres. There are 8 parks, covering nearly 5.4% of the total area. The population of South Launceston in 2016 was 4592 people. By 2021 the population was 4894 showing a population growth of 6.6% in the area during that time. The predominant age group in South Launceston is 20-29 years. Households in South Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Launceston work in a professional occupation.In 2021, 51.20% of the homes in South Launceston were owner-occupied compared with 52.60% in 2016.
South Launceston has 2,428 properties. Over the last 5 years, Houses in South Launceston have seen a 47.77% increase in median value, while Units have seen a 44.01% increase. As at 30 June 2026:
- The median value for Houses in South Launceston is $672,761 while the median value for Units is $465,814.
- Houses have a median rent of $550 while Units have a median rent of $445.
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