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Knight Frank - Launceston

Suite 3, 65 Unit 3 Brisbane Street Launceston, TAS 7250

Suite 3, 65 Unit 3 Brisbane Street,
Launceston, TAS 7250

Shop & Retail

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For Sale - By Offer

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0408 *** ***
Knight Frank - Launceston
Suite 3, 65 Unit 3 Brisbane Street
Launceston, TAS 7250
Knight Frank - Launceston
Rob Dixon

Knight Frank - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250

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Strata Titled Investment - Opposite ANZ Bank

Location & Income. Situated on the corner of Brisbane Street & George Street, the building is diagonally opposite the Launceston Branch of ANZ Banking Group Ltd, which is about to receive a major refurbishment.

The property is within a block of the Brisbane Street mall, whilst George Street has become a popular cafe strip of Launceston.

The property comprises a Strata Titled retail space previously used for retail or Professional rooms.

The property is under a lease until 15th Oct 2021, however the current tenants outgrew the space and have relocated to larger premises.

The current Rental of $24,476 pa Gross (Approx $14,888pa Net) resulting in an expected Sale Price of approx. 5.0%.

The Launceston market has enjoyed strong demand for these safe investment options, resulting from major infrastructure developments recently commenced in the city.

Property ID: 503650290Last Updated: 26 Oct 2020

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Knight Frank - Launceston
Knight Frank - Launceston
54 Cameron Street
LAUNCESTON, TAS 7250
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Rob Dixon

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Rob Dixon
Knight Frank - Launceston
Suite 3, 65 Unit 3 Brisbane 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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