36 Watchorn Street,
South Launceston, TAS 7249
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Elders Real Estate - Launceston
54 Cameron StreetLAUNCESTON, TAS 7250
36 Watchorn Street
South Launceston, TAS 7249
Map of 36 Watchorn Street
Future Development site with Income streams
Knight Frank has the exclusive opportunity to offer for sale the “Southern Cross Austereo” property situated at 36 Watchorn Street, Launceston.
36 Watchorn Street is a 1960 built multi level building purpose built for Channel 9 Television and radio stations. The building was developed on a site of 1.861 Ha which is elevated with direct line of site to Mount Barrow telecommunication towers.
The western part of the land is zoned Commercial, and comprises the main buildings and extensive car parking, whilst the eastern end of the site carries a Low Density Residential zoning.
The property will be offered For Sale subject to a “partial Leaseback” to Southern Cross Austereo over part of the main building. Further income is generated from the telecommunication tower. Net Income of $142,000pa + Outgoings.
36 Watchorn Street is a 1960 built multi level building purpose built for Channel 9 Television and radio stations. The building was developed on a site of 1.861 Ha which is elevated with direct line of site to Mount Barrow telecommunication towers.
The western part of the land is zoned Commercial, and comprises the main buildings and extensive car parking, whilst the eastern end of the site carries a Low Density Residential zoning.
The property will be offered For Sale subject to a “partial Leaseback” to Southern Cross Austereo over part of the main building. Further income is generated from the telecommunication tower. Net Income of $142,000pa + Outgoings.
Property ID: 503991491Last Updated: 30 Apr 2024
Elders Real Estate - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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