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51 Brisbane Street, Launceston Tas 7250

51 Brisbane Street, Launceston Tas 7250

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For sale

Offers over $735,000

51 Brisbane Street, Launceston, Tas 7250

0

0

129m²

119m²

•

business - commercial: office building

Map of 51 Brisbane Street, Launceston Tas 7250, Launceston, Tasmania

Property Description

Listed on 25 Aug 2026

This well constructed, prominent location, enjoys an excellent tenant ( pays rent well in advance) who has approximately 2 years left on existing lease and a further 2 x 3 year options. Land size 129m2 and a building area of 223m2, solid brick and concrete construction.The two floors are separated by a concrete slab. Tenant pays portion of outgoings with the exception of building insurance, the rent as of the 1/7/2027 will be $700 per week, plus outgoings and gst. Upside, wealth creation, by strata titling, would make a brillant town house. (STCA) The existing lease allows for the landlord to resume the first floor upon request, extend the 1st floor entrance to Brisbane St, retain a ground floor area at the rear for a lift. There is rear access, via a laneway. Under the "Urban Mixed Use"zoning, STCA the first floor could have commercial or residential usage. A rare chance to acquire a low-maintenance investment in a CBD location. For further information on this exciting and rare CBD investment, contact Praveen Pant on 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: 2189

Estimated value

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Property history

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Listed for sale
Aug 2026

Offers over $735,000

Rental
Jun 2026

$5,200 + GST + OUTGOINGS

Sold
Feb 2025

$695,000

Rental
Feb 2015

$27,500PA + ...

Median unit price trends

Comparing the price trend of units in Launceston against the state of Tasmania over the last 4 years. Source: Cotality

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

26 Days

House median days on market

27 Days

Unit median days on market

103 Properties

Sold in last 12 months

26 Properties

Available in the last month

Launceston residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

60+

Is the most common age range

Renters

Most common occupant type

Other

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Launceston College

Yr 7 - Yr 12

Government

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Launceston

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Launceston

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Tasmania

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Median House: $969,002

Median Unit: $544,374

Median House: $795,788

Median Unit: $516,215

Median House: $668,207

Median Unit: $477,791

Median House: $735,705

Median Unit: $524,616

Contact the agent

Tasmanian Business and Property Sales

Praveen Pant

Tasmanian Business and Property Sales

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