167-169 Cambridge Street, West Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

167-169 Cambridge Street
West Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 174m2
Land area: 1865m2
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Property Details for 167-169 Cambridge St, West Launceston

Building Type
Commercial
Year Built
1972
Floor Size
174m2
Land Size
1865m2
Local Government
Launceston
Lot/Plan
2/103433

Last Listing description (July 2018)

Includes BP Service Station, Take Away Food Outlet and Convenience Shop in Prime Suburban Corner Location

A great opportunity exists here from mid July 2018 for an experienced operator to lease a prime Service Station, Take Away and Convenience Store premises in a busy West Launceston suburban location.


Various lease options and length of time are available in regards to the leasing of the premises at BP West Launceston located on the corner of Cambridge and Vaux Streets West Launceston.

All associated areas are fully fitted out with cool rooms - cooking equipment - preparation benches - counters - security cameras - automatic doors - air conditioning and heating etc etc.

The site is operated 7 days a week and has 24 hour fuel consoles for after hours fuel sales and is a member of one of the largest fuel retailers in Australia being the BP group.

This is a fantastic opportunity in a great locality and would ideally suit a family with a background in retail along with food preparation and sales experience.

Option 1 - Lease the entire service station facility which includes the take away and convenience facilities. (The mechanical workshop is not included as this area is leased to another tenant)

Option 2 - Sell our fuel on a commission basis and receive a guaranteed percentage % of every litre of fuel sold at the premises and in return you will receive the take away and convenience areas available free of any rental costs.

Option 3 - Come to us with a proposal that you think may work for you and we will consider.

Call us now to arrange an onsite inspection with the current tenant.
Contact at 0413 791 050

Property History for 167-169 Cambridge St, West Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$550,000
20 Oct 2009
Listed for Rent
19 Jul 2018
  • 15 Jun 2018
    Listed for Rent - Price not available
  • 20 Oct 2009
    Sold for $550,000
  • 11 Sep 2002
    Sold for $41,167
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About West Launceston 7250

The size of West Launceston is approximately 3.9 square kilometres. There are 11 parks, covering nearly 26.0% of the total area. The population of West Launceston in 2016 was 4212 people. By 2021 the population was 4316 showing a population growth of 2.5% in the area during that time. The predominant age group in West Launceston is 50-59 years. Households in West Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Launceston work in a professional occupation.In 2021, 68.10% of the homes in West Launceston were owner-occupied compared with 68.40% in 2016.

West Launceston has 2,150 properties. Over the last 5 years, Houses in West Launceston have seen a 34.83% increase in median value, while Units have seen a 42.57% increase. As at 31 July 2026:

  • The median value for Houses in West Launceston is $746,189 while the median value for Units is $508,085.
  • Houses have a median rent of $560 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 4 properties listed for rent in West launceston on OnTheHouse. According to Cotality's data, 95 properties were sold in the past 12 months in West launceston.

Suburb Insights for West Launceston 7250

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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.