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Elders Real Estate - Launceston

175-177 Charles Street Launceston, TAS 7250

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175-177 Charles Street,
Launceston, TAS 7250

Offices • Shops & Retail

Price information

Sale - Expression of Interest closing Thu 23 May

EOI closing 4pm Thursday 23rd May 2024

Key property information

Floor area

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Expression of Interest

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Elders Real Estate - Launceston
Isabelle Firth
Cale Ayres

Elders Real Estate - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Elders Real Estate - Launceston
175-177 Charles Street
Launceston, TAS 7250

Map of 175-177 Charles Street

Directions
  • Bus stops within 5 km of 175-177 Charles Street, Launceston, TAS 7250Distance
    Opposite 150 York St55 m
    79 York St68 m
    St John St96 m
    Brisbane St Near Kingsway132 m
    Princes Square140 m
    POWERED BY HERE ©
POWERED BY HERE ©

Fully Leased, Heritage CBD Investment

  • 100% leased to premium tenants
  • Net return of $108,706* pa
  • Busy Charles Street retail precinct
We proudly offer for sale, 175-177 Charles Street, a fully leased heritage CBD investment, located on one of Launceston’s busiest intersections.

This immaculate 1920’s character building features prominent ground floor retail space with first floor 'A-Grade' office accommodation.

The ground floor retail area is currently leased to RB Sellars. RB Sellars est. 1996 and has 20 stores nationwide and forms part of the Propel Group.

The first-floor office space is leased to Petuna Aquaculture which was established in 1949 and is now 100% owned by the NZ based Sealord Group, a leading global seafood company.

Combined, the property returns a net income of $108,706 pa*.

Surrounding major retail brands located on Charles Street include Country Road, Target, Chemist Warehouse, Harris Scarfe, Gazman, Bonds, Portmans and Jeans West.

Expressions of Interest closing 4pm, Thursday 23rd May 2024.

*Approx

Property ID: 504574572Last Updated: 2 May 2024

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