3 Hughes CourtWestern Junction TAS 7212
Property Details for 3 Hughes Ct, Western Junction
Last Listing description (April 2021)
Translink Industrial estate at Launceston airport. Last chance to buy.
Situated at Translink Estate at Launceston Airport environs, this building block is the last one available for sale in the area.
Relatively level in contour, the block at 3 Hughes Court has a gross land area of 4,498 sqm.
Not only is this block a premier development opportunity, it also has significant holding income of approximately $15,000 per year generated from a Lease to Optus until 2031. The Optus portion of the land is less than 70 sqm, which still leaves room for practical development.
Alternatively, if the Optus income was of no use to a new owner, there is an avenue open to "sell" the head-lease to a third party for a substantial one-off sum.
For further information about the site and options around purchasing, please contact David or Rodney.
Property History for 3 Hughes Ct, Western Junction, TAS 7212
- 01 Apr 2021Sold - Price Undisclosed
- 03 Mar 2021Listed for Sale By offer
- 22 Feb 2021Listed for Rent - Price not available
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About Western Junction 7212
The size of Western Junction is approximately 15.0 square kilometres. It has 3 parks covering nearly 4.2% of total area. The population of Western Junction in 2016 was 125 people. By 2021 the population was 128 showing a population growth of 2.4% in the area during that time. The predominant age group in Western Junction is 60-69 years. Households in Western Junction are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Western Junction work in a managers occupation.In 2021, 95.50% of the homes in Western Junction were owner-occupied compared with 84.10% in 2016.
Western Junction has 211 properties. Over the last 5 years, Houses in Western Junction have seen a 55.32% increase in median value. As at 30 November 2025:
- The median value for Houses in Western Junction is $828,052.
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