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79A-81 George Street Launceston, TAS 7250

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79A-81 George Street,
Launceston, TAS 7250

Shop & Retail • Offices

Price information

Sale

$725,000

Key property information

Land area

Floor area

Property extent

Zoning

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Map of 79A-81 George Street

Directions
  • Bus stops within 5 km of 79A-81 George Street, Launceston, TAS 7250Distance
    57-59 Brisbane St30 m
    42 Brisbane St90 m
    Best Western117 m
    47 Cameron St143 m
    Grand Chancellor152 m
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CBD Investment - ASX Listed Tenant and Food Operator

Extremely well located in Launceston's popular and trendy George Street, this property sits among thriving food and cafe outlets plus strong national brands such as ANZ, Westpac, Flight Centre.

Two tenancies allow investors to spread risk with a renewed 3 year lease to Nanglo Restaurant and term of 3 years plus 7 months with benefit of two 2 year options to long standing ASX listed tenant Money 3 who have occupied the tenancy since 2007.

• Flexible 'Central Business' zoning overlay
• Thriving mixed use street with consistent flow of foot traffic
• Covid safe state with strong political leadership
• Total annual rental of $42,062 + GST with the tenants paying usual outgoings

Both tenancies occupy a land area of 80m2 each, (two titles) with building areas of approximately 75m2 each, exciting potential exists for future upside, perhaps with a first floor apartment addition (s.t.c.a).

For further details please call Blake Shepherd

Property ID: 503732078Last Updated: 6 Apr 2021

0417 *** ***
realcommercial.com.au logo
79A-81 George Street
Launceston, TAS 7250

Agency contacts

Shepherd & Heap Pty Ltd - LAUNCESTON
49 Cameron Street
LAUNCESTON, TAS 7250
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Blake Shepherd
Shepherd & Heap Pty Ltd - LAUNCESTON
79A-81 George Street Launceston, TAS 7250

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  • Blake Shepherd

    Shepherd & Heap Pty Ltd - LAUNCESTON
    0417 *** ***