Benefitted by "General Industrial" zoning under the Launceston Interim Planning Scheme 2015, the Youngtown property presents as a "one-off" opportunity to secure, within the greater Launceston region, a site of expansive and flexible proportions.
Encompassing a land area of 1.616 hectares, the property improvements include a warehousing and office building of some 1,815 sqm, with a portico of 1,100 sqm, covering the "logistics-friendly" seven roller-door accesses.
The site has frontage to Hobart Road of approximately 100 metres which allows for safe, separate ingress and egress points. Hobart Road connects to major highway routes with direct access to all major centres of Tasmania, together with major Ports. Launceston CBD is approximately 5 klms from the property, with similar distance to Launceston Airport.
Currently occupied by Searoad Logistics, the property would also facilitate alternative activities such as, Manufacturing; Distribution; Recycling; Storage, or indeed an array of uses within the zoning of "General Industrial". Similarly, and considering the scarcity of industrial land, the property illustrates as a rarely available re-development proposition.
The size of Youngtown is approximately 4.9 square kilometres. There are 4 parks, covering nearly 7.0% of the total area. The population of Youngtown in 2016 was 4053 people. By 2021 the population was 4315 showing a population growth of 6.5% in the area during that time. The predominant age group in Youngtown is 20-29 years. Households in Youngtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Youngtown work in a professional occupation.In 2021, 73.80% of the homes in Youngtown were owner-occupied compared with 73.10% in 2016.
Youngtown has 2,402 properties. Over the last 5 years, Houses in Youngtown have seen a 52.48% increase in median value, while Units have seen a 44.61% increase. As at 30 June 2026:
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