The iconic "Pav" is on the market as a partially tenanted freehold with an immediate sale required by the mortgagee in possession with all reasonable offers to be considered. Located in York Town Square, shop 4A offers 1159m2 of floor space spread over 3 levels just 1 ½ blocks from the Launceston Mall. This prime site has ground and first floor access to Yorktown Square with the 3rd level extending through to Brisbane Street, above "Your Habitat".

The property previously operated as an entertainment venue on the upper levels and has undergone a complete and extensive renovation with a new tenant secured on the ground floor space operating as a restaurant. Set on 5 titles, the building could be re-established as a premier entertainment venue or S.T.C.A converted to a variety of uses including retail, office and residential. The ideal use for the site would be to convert the upper levels for office use with the retention of the restaurant downstairs. The sale includes all plant and equipment on site and is available for immediate possession on the upper levels on settlement.

This is an amazing opportunity to secure a large building within the CBD for less than its valuation with the benefit of a secure income from a single tenancy.

For more information please contact Candice Gillies of NAI Harcourts North.
"Commerical Real Estate Services, Worldwide".