59 Bathurst Street

The site comprises approximately 7,381 m² of land. This provides a substantial footprint for a range of commercial development options.

Located in the heart of Launceston’s central business district, the property benefits from the city’s status as a major retail and service hub, with strong market share across surrounding councils. Its proximity to hotels, museums, cafés and cultural venues makes it suitable for retail, hospitality, office or mixed‑use enterprises.

The property sits on Launceston’s central road network, which links to the five state highways – Midland, Bass, Tasman, West Tamar and East Tamar – providing direct routes to Hobart, Devonport and regional centres. Launceston Airport is about 15 km to the south‑east and the Port of Bell Bay, handling over 5 million tonnes of cargo annually, is roughly 48 km north.

Launceston’s electricity is supplied largely by renewable hydro‑electric power, while water is sourced from the Launceston Water Catchment. The city is fully connected to the National Broadband Network, offering high‑speed internet for business operations.

Within a few hundred metres you’ll find a range of amenities including radio stations (89.3 LAFM, 90.1 Chilli FM), hotels and hostels (Art Hotel on York, The Mews Motel, Launceston Backpackers), cultural attractions such as the Queen Victoria Museum & Art Gallery, Prince’s Square park, and the Village Cinemas. These facilities provide convenient dining, entertainment and accommodation options.

Launceston is a major service centre for northern Tasmania, with a robust retail market and a growing tourism sector – highlighted by its UNESCO City of Gastronomy designation and rising visitor numbers. The city’s agricultural and manufacturing base also creates demand for supporting services, making the local economy diverse and resilient for new businesses.