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Commercial Property

43 Boland Street

43 Boland Street, Launceston TAS 7250, Australia

- Parking
3635 m² Land size
- Internal area
$2,300,000 Last sale

Property Information

Business Name
Unknown (likely commercial business)

About this commercial property

The property at 43 Boland Street in Launceston, Tasmania occupies 3,635 m² of land. It was sold for $2,300,000 on 28 Mar 2017.

Sales history

EventDatePricePrice per m²
Sold
Mar 2017
$2,300,000$632

Price per m² based on land size of 3635 m².

Key details

Locality
Launceston
State
TAS
GNAF PID
GATAS702198738
Legal parcel ID
18606/2
Remoteness area
Regional
Property type
Commercial
Land size
3635 m²
Internal area
-
Land Use Category
Commercial

Frequently asked questions

What is the size of the land offered at 43 Boland Street?

The property includes a land parcel of approximately 3,635 m². This provides ample space for a range of commercial development options.

How well is the location connected to major transport routes?

Boland Street is situated in central Launceston, a hub for five major highways, including the Midland and Bass Highways. The city’s airport is about 15 km away and the Port of Bell Bay is roughly 48 km to the north, offering both road and freight connectivity.

What nearby amenities could support a business operating from this site?

Within a 0.5‑0.6 km radius you’ll find several hotels (e.g., Hotel Launceston, Grand Chancellor), City Park, Launceston Aquatic centre, and the NTCA cricket ground. These venues generate regular foot traffic and provide convenient meeting and hospitality options for clients and staff.

Is the area serviced by reliable utilities and communications?

Launceston’s electricity is supplied largely by renewable hydro‑electric power and water comes from the Launceston Water Catchment. The city was fully connected to the National Broadband Network in 2016, ensuring high‑speed internet for commercial use.

What is the commercial landscape of Launceston and its market potential?

Launceston is the second‑largest city in Tasmania with an urban population of about 91,000 and a strong service‑sector base, holding roughly 75 % of the retail market share in surrounding councils. The city’s designation as a UNESCO City of Gastronomy and its growing tourism numbers further boost consumer demand.

Are there any flood mitigation measures in place for this part of Launceston?

The city has an extensive flood‑levee system protecting low‑lying suburbs, and major upgrades were undertaken after the 2016 Tamar River flood. While specific site elevation isn’t listed, the general area benefits from these protective works.

What types of businesses could the 3,635 m² site accommodate?

The sizable land parcel is suitable for a range of commercial uses such as retail showrooms, distribution centres, office complexes or mixed‑use developments, especially given its central location and access to transport, utilities and nearby amenities.