311 Wellington Street, South Launceston, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

311 Wellington Street
South Launceston TAS 7249

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1373m2
Land area: 1373m2
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Property Details for 311 Wellington St, South Launceston

Building Type
Commercial
Year Built
1850
Floor Size
1373m2
Land Size
1373m2
Local Government
Launceston
Lot/Plan
1/219682

Last Listing description (March 2023)

Under Contract Now!!

Long established well-known bottle shop on major outlet road, offering easy access and parking.

Turnover approx $27,000+ per week, excellent profit for a working couple, trading 363 days per year, 72 hours per week. Excellent presentation, broad range of beers, wines and spirits, well equipped with walk-in cool-room and display fridges, ample shelving and great drive-through facility. The Liquor Stax group offers excellent buying power, highest rebates & unique labels. Comprehensive website, with regular specials and extensive product details. Offering a brand new lease. If you have been looking for a profitable & easy to manage business, then contact Business Brokers Praveen Pant on 0432 256 682 or Paul Scott on 0477 771 098 or email pauls@tasbps.com.au/ praveenp@tasbps.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.

Property Code: 784

Property History for 311 Wellington St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$2,200,000
08 Aug 2011
Listed for Rent
14 Jan 2016
  • 21 Oct 2022
    Listed for Sale UNDER CONTRACT
  • 14 Jan 2016
    Listed for Rent - Price not available
  • 08 Aug 2011
    Sold for $2,200,000
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About 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 2,431 properties. Over the last 5 years, Houses in South Launceston have seen a 41.03% increase in median value, while Units have seen a 43.65% increase. As at 31 August 2026:

  • The median value for Houses in South Launceston is $664,566 while the median value for Units is $483,788.
  • Houses have a median rent of $550 while Units have a median rent of $435.
There are currently 8 properties listed for sale, and 8 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 126 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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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.