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Shepherd & Heap Pty Ltd - LAUNCESTON

187 Wellington Street Launceston, TAS 7250

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187 Wellington Street,
Launceston, TAS 7250

Hotel, Motel & Leisure • Shops & Retail

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Shepherd & Heap Pty Ltd - LAUNCESTON
Joel Harwood

Shepherd & Heap Pty Ltd - LAUNCESTON

49 Cameron Street
LAUNCESTON, TAS 7250
04488208...
Shepherd & Heap Pty Ltd - LAUNCESTON
187 Wellington Street
Launceston, TAS 7250

Map of 187 Wellington Street

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Ultra Rare Hospitality Freehold Investment Opportunity

Boasting a brand new 5 + 5 + 5 year lease this excellent hospitality investment benefits from all the bells and whistles.

Having undergone complete refurbishment over the past 2 years, the property is an excellent example of a warm, cosy and rustic cafe, occupying an outstanding location less than 300m from the Launceston General Hospital (LGH).

Features include:
- Fully compliant commercial kitchen
- Excellent location on major arterial route seeing 25,000 plus daily traffic movements
- Around the corner from LGH (less than 300m)
- Disabled access and amenities
- Stunning heritage features
- CPI increases annually, market rent review at option takeup
- Brand new 5 + 5 + 5 year lease to local café operator
- Net rent: $45,000pa + Outgoings + GST

Certainly, a must see with no comparable properties currently on the market in Launceston.

For further details contact Joel Harwood.

Property ID: 504029187Last Updated: 7 Nov 2023

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