This excellent site located on one of Launceston's busiest arterial routes, Wellington Street, is now available for lease offering an extremely high profile shopfront with invaluable off-street customer and staff parking.
The premium tenancy benefits from lots of passing trade as it is located directly opposite Glen Dhu Primary School and is situated amongst successful operators such as Geard Cycles, Caltex Service Station, Launceston Veterinary Hospital and next door to popular Laundrette.
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 2,430 properties. Over the last 5 years, Houses in South Launceston have seen a 44.47% increase in median value, while Units have seen a 41.15% increase. As at 31 July 2026:
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