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Howell Property Group

67 George Street Launceston, TAS 7250

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67 George Street,
Launceston, TAS 7250

Shop & Retail • Medical & Consulting • Offices

Price information

Sale

Offers invited over $690,000

Under Contract

Key property information

Land area

Floor area

Zoning

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0419 *** ***
Howell Property Group
67 George Street
Launceston, TAS 7250
Howell Property Group

Howell Property Group

Suite 2, Level 1, 178 Charles Street
LAUNCESTON, TAS 7250

Map of 67 George Street

Directions
  • Bus stops within 5 km of 67 George Street, Launceston, TAS 7250Distance
    57-59 Brisbane St70 m
    42 Brisbane St109 m
    Grand Chancellor115 m
    47 Cameron St116 m
    Best Western141 m
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Tenanted CBD Investment

Are you in the market for a set and forget commercial investment? If the answer is yes, 67 George Street is a property that you should be looking at! The sub $1m investment market in Launceston right now is red hot, this is an opportunity not to be missed.

Situated just over a block from the Brisbane Street Mall in a high foot traffic area, 67 George Street is a valuable asset to the tenants that call it home. Both tenants have new long-term leases in place and both also have high quality fit outs that are less than twelve months old.

Multi tenanted properties with strong long-term tenants in the CBD are becoming increasingly hard to find. If you are looking for a commercial investment in the Launceston CBD, this one ticks all the boxes!

Features include:

-Fully tenanted investment with long term leases in place
-Grain Grocer: 3 Years with 2 x 3 year options
-Ujjayi Yoga: 4 Years with 1 x 4 year option
-Current net annual rent $45,327.27 ex GST
-Prominent high traffic position on George Street
-Building: 216m2 approx. across two floors
-Zoning ‘Central Business’ (22.0)
-Both tenants have new high quality fit outs
-Reverse cycle air conditioning
-Well-presented commercial property maintained to a high standard

Outgoings: (previous financial year)

Land Tax: $1,298.50
Council Rates: $5,470.55
TasWater: $1522.24

To learn more about this property, contact Andy at Howell Property Group.

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Additional information

Property ID: 503817694Last Updated: 13 May 2021

Agency contacts

Howell Property Group
Suite 2, Level 1, 178 Charles Street
LAUNCESTON, TAS 7250
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Andy Howell

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Andy Howell
Howell Property Group
67 George Street Launceston, TAS 7250

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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