Federal/State Government & Knight Frank, 44-50 & 52-56 Cameron Street,
Launceston, TAS 7250
Key property information
Tenanted Investment Details
The Prestigious 'Camerons Building' - CBD Financial/Legal Precinct
- Global Branded & Government Tenants
- Three Level Complex with 29 Car Spaces
- 100% Leased, Mulitple Income Streams
100% leased to quality tenants offering multiple income streams.
Prime corner site, within established financial and legal precinct.
Combined Title area totalling 2,502 sqm approx. plus additional car park on common land.
Tenants include Camerons Accountants, Knight Frank, Commonwealth of Australia (Liberal Senator - brand new fit-out), State Government (Health & Human Services), Hanson Psychologists and Retail Cafe
Annual rent reviews.
Camerons occupied 25+ years, tenant office upgrade pending 2020.
4 Star Nabers Energy Rating.
Substantial taxation depreciation.
Further development potential STCA.
Income includes vendor guarantee (basement).
Launceston: capital of Northern Tasmania experiencing record capital growth with GDP of $4.3B.
Income $647,095 pa approx. (1 July 2020)
Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC
*The two roof top apartments at 44-50 Cameron Street are not included in the sale.
Property ID: 503448814Last Updated: 25 Feb 2020