1, 2 & 9, 67 Paterson Street,
Launceston, TAS 7250
Key property information
Map of 1, 2 & 9, 67 Paterson Street
Bus stops within 5 km of 1, 2 & 9, 67 Paterson Street, Launceston, TAS 7250 Distance The Charles 26 m Paterson St (Layover) 96 m Brisbane St Near Kingsway 105 m City Terminus 187 m City Stop D 211 mPOWERED BY HERE ©
Ground Floor at EXA House
Due to the historic overlay the façade of the original building and the extension that was added in 1888 were conserved. The three floors of commercial space inside were divided to allow for new business tenants of differing sizes. The history of the building is referenced in the old newsprint wallpaper that lines the public spaces. The car parking space was also repurposed to include a shipping container café and the buildings new main entrance.
The property is strata titled, Howell Property Group are pleased to be appointed with the sale of the ground floor, Lots 1, 2 & 9 67-75 Paterson Street, Launceston via Expressions of Interest (no closing date). Yield expectation of circa 5.5%
The offering is fully tenanted with the following businesses: Mouthworks Speech Pathology, Clarke & Gee Solicitors, Maxima Employment, Coordinated Engineering Services & Guerilla Coffee
-Net lettable area of 1,047m2 approx.
-Current annual net rent of $208,695.26pa ex GST (after recoverable outgoings)
-Favourable lease terms across tenants
-Central location 100m from the Brisbane St Mall
-Impressive A-Grade spec amenities
-Elevator access to all floors
-Blue Ocean Gigabit NBN (one of few connections in Launceston)
-Air conditioning / heat
-Common area kitchen and toilets
-DDA compliant facilities
-Seven car parks allocated (added to title on settlement)
Outgoings: (estimates based on previous financial year)
Land Tax: $9,036.65
Council Rates: $24,235.31
Body Corporate: $33,211.38
To learn more about this property, contact Andy at Howell Property Group.
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Property ID: 503873350Last Updated: 15 Oct 2021