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Burgess Rawson - Melbourne

Federal/State Government & Knight Frank, 44-50 & 52-56 Cameron Street Launceston, TAS 7250

Federal/State Government & Knight Frank, 44-50 & 52-56 Cameron Street,
Launceston, TAS 7250

Shop & Retail • Offices • Medical & Consulting

Price information

Sale - Auction

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$648,095
Number of Tenants
6 Tenants
Tenants / Type
Federal/State Government & Knight Frank
Burgess Rawson - Melbourne
Federal/State Government & Knight Frank, 44-50 & 52-56 Cameron Street
Launceston, TAS 7250
Burgess Rawson - Melbourne
Raoul Holderhead
Shaun Venables

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000

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The Prestigious 'Camerons Building' - CBD Financial/Legal Precinct

  • Global Branded & Government Tenants
  • Three Level Complex with 29 Car Spaces
  • 100% Leased, Mulitple Income Streams
Immaculate three level complex with 2,834 sqm approx NLA plus 29 car spaces
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

Agency contacts

Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
View agency profile
Shepherd & Heap Pty Ltd - LAUNCESTON
Shepherd & Heap Pty Ltd - LAUNCESTON
49 Cameron Street
LAUNCESTON, TAS 7250
View agency profile
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Raoul Holderhead

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Raoul Holderhead
Burgess Rawson - Melbourne
Federal/State Government & Knight Frank, 44-50 & 52-56 Cameron 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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