87-99 Talbot Road, South Launceston, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

87-99 Talbot Road
South Launceston TAS 7249

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 112m2
Land area: 32510m2
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Property Details for 87-99 Talbot Rd, South Launceston

Building Type
Commercial
Year Built
1958
Floor Size
112m2
Land Size
32510m2
Local Government
Launceston
Lot/Plan
5/112938

Last Listing description (October 2024)

ALMOST $60,000 per week turnover and more work than the operator can handle.

Well established, highly reputable (excellent reviews), fully equipped cabinet-making business for sale in Launceston which is an ideal acquisition for an existing business as an add-on or to a new operator.

Tassie Cabinets are specialized in customized cabinetry, manufacturing kitchens, wardrobes, laundries, and vanities.

Supplying their products and installation services to residential and commercial customers, Insurance work, and small joiners for approx 7 years.

The business operates Monday to Friday with 18 highly, skilled, experienced, and qualified staff.

Well-equipped factory located in Talbot Rd Launceston with plenty of parking available onsite, located in an industrial area. The showroom is positioned to capitalize on foot traffic in the Launceston CBD and operates 5.5 days per week.

The factory has an impressive selection of equipment that includes a CNC machine, edge bander, panel saw, drill/hinge presses, and much more. As a result, this business can efficiently produce just about any joinery product in-house. A range of vehicles is also included with the business.

Online websites with the capacity to lodge orders, chat facility, and social media presence contribute to a higher business profile, with massive potential for further growth still available.

Owners wanting to retire, this is a fabulous chance for an owner or a company to take this business to the next level. This is a perfect opportunity, certainly suitable for an experienced cabinet maker or an astute businessman. This business is experiencing huge demand for its products and services in a growth industry.

Ideal opportunity to enable your Tasmanian relocation.

Contact the Paul Scott business broker on 0477771098, or email pauls@tasbps.com.au or phone Praveen Pant 0432 256 682 or email 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: 597

Property History for 87-99 Talbot Rd, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$2,900,000
30 Jun 2010
Listed for Rent
29 Aug 2018
  • 10 May 2024
    Listed for Sale By EXPRESSION OF INTEREST
  • 03 Oct 2022
    Listed for Sale By EXPRESSION OF INTEREST
  • 03 May 2022
    Listed for Sale $850,000 wiwo
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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 2,427 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.
There are currently 8 properties listed for sale, and 7 properties listed for rent in South launceston on OnTheHouse. According to Cotality's data, 121 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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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.