Share this property

Knight Frank - Launceston
New
Directions

Unit 8, 70 Charles Street Launceston, TAS 7250

Directions

For Sale - Sale by Negotiation

Unit 8, 70 Charles StreetLaunceston, TAS 7250

Shop & Retail
Sale Price

For Sale - $585,000

Floor area

48.0m²

Tenure type

Tenanted Investment

Freehold Investment with Fixed Rent Reviews

An appealing Freehold Investment Opportunity, occupied by one of Launceston's finest sushi bars and located in the strong Charles Street retail strip.

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

Knight Frank - Launceston
Unit 8, 70 Charles Street
Launceston, TAS 7250
Rob Dixon
David Webster

Knight Frank - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250

Agency contacts

Knight Frank - Launceston

View Profile

Knight Frank - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
progress tick

Sending email...

Email enquiry

Rob Dixon

Send to:

Rob Dixon
Knight Frank - Launceston
Unit 8, 70 Charles Street Launceston, TAS 7250

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call