Looking for an affordable commercial investment property offering an immediate rental return from multiple tenants? If so 15 and 16 / 2 Innocent Street, Kings Meadows answers the call.

Comprising two strata titles—both properties are leased. 16/2 Innocent Street to a long term occupant of the complex trading as Health Dynamics Tasmania, they commenced a new 5 year lease term 23rd December 2019. 15/2 Innocent Street to a new tenant of the complex operating as an Asian Grocer, they commenced a 1 year lease term 20th August 2020.

Combined net annual rental is $22,500 plus Outgoings and GST. The tenants being responsible for Rates, Tas Water, Land Tax and Body Corporate Levies.

Located in a complex adjacent to Woolworths and in Kings Meadows a popular and well supported southern suburb of Launceston this is a chance to enter the commercial property market or add to an existing portfolio with two tenanted strata titled properties.

The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd .by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties

The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.