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Bank of us, Tenancy 2, 87-91 Brisbane Street,
Launceston, TAS 7250
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Elders Real Estate - Launceston
54 Cameron StreetLAUNCESTON, TAS 7250
Bank of us, Tenancy 2, 87-91 Brisbane Street
Launceston, TAS 7250
Map of Bank of us, Tenancy 2, 87-91 Brisbane Street
Bus stops within 5 km of Bank of us, Tenancy 2, 87-91 Brisbane Street, Launceston, TAS 7250 Distance 57-59 Brisbane St 111 m Stop A 121 m City Terminus 132 m St John St 148 m City Terminus E-F-H 159 m POWERED BY HERE ©
POWERED BY HERE ©
$4,500,000 | 6.33% Return | 7 Year WALE
- Secure Lease
- Strong Net Income
- CBD Asset with Basement Parking
Elders Commercial is privileged to present this exceptional CBD investment opportunity, offered to the market for the very first time.
Situated in a prime high-exposure position along Brisbane Street, one of Launceston’s most prominent commercial and retail corridors, the property is strategically located within the city’s core banking precinct, surrounded by major institutions including ANZ, Westpac, and CBA.
Key Investment Highlights:
+ Secure Lease with a 7 Year WALE and two further 5 year options
+ NET Lease with Tenant paying outgoings
+ A-Grade Bank Tenant - Bank of us
+ NET Return of $284,800 per annum + GST + Outgoings
+ 21 CBD Secure Basement Car Parks
+ Investor return of 6.33%
Please contact one of the listing agents for an inspection or to obtain additional information.
Situated in a prime high-exposure position along Brisbane Street, one of Launceston’s most prominent commercial and retail corridors, the property is strategically located within the city’s core banking precinct, surrounded by major institutions including ANZ, Westpac, and CBA.
Key Investment Highlights:
+ Secure Lease with a 7 Year WALE and two further 5 year options
+ NET Lease with Tenant paying outgoings
+ A-Grade Bank Tenant - Bank of us
+ NET Return of $284,800 per annum + GST + Outgoings
+ 21 CBD Secure Basement Car Parks
+ Investor return of 6.33%
Please contact one of the listing agents for an inspection or to obtain additional information.
Launceston, 7250 demographic data
The median household income for Launceston is $1,439, 17% higher than Regional Tasmania's household income of $1,225. Launceston has a younger age profile compared to the rest of Regional Tasmania (median age 41 vs 45). Property ownership data shows 34% of property owners in Launceston have a mortgage.
3,110
Population
$1,439 per week
Median household income
41 years
Median age
Renters
Most residents
Families
Most households
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