Unit 8, 70 Charles StreetLaunceston, TAS 7250
For Sale - $585,000
Freehold Investment with Fixed Rent Reviews
This ideal strata titles retail shop is well positioned on Charles Street, opposite the iconic Star Bar Hotel, close to Target and within half a block of the Brisbane Street Mall.
The shop provides a retail strata title of approx. 48 sqm and comprises both retail space with food preparation at the rear.
The fit-out provides a sharp but simplistic retail, with the current business of "Sushi To Go" being a well established food business in Launceston.
The property is secured by a lease of an initial term of 5 Years with 2 further terms of 5 Years. The Lessee is responsible for all outgoings (Statutory & Body Corp) making this a very appealing Net Rental.
The investment represents an attractive investment opportunity in our current low interest rate environment.
Property ID: 503326218Last Updated: 11 Sep 2019