Suite 3, 65 Unit 3 Brisbane Street,
Launceston, TAS 7250
Shops & Retail
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Knight Frank - Launceston
54 Cameron StreetLAUNCESTON, TAS 7250
0408 134 0...
Suite 3, 65 Unit 3 Brisbane 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.
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: 14 Nov 2021
Knight Frank - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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