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1/111-113 St John Street Launceston, TAS 7250

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1/111-113 St John Street,
Launceston, TAS 7250

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Quality CBD Retail Asset - Brand New 5 Year Lease

Brand new 5 year lease to March 2022 plus options to March 2032
Games World: Australias largest range of Jigsaws, Die-cast and games, now with 17 stores nationally
Fixed 3% annual rent increases
Substantial retail shop of 261 sqm with brand new fit-out and 8.4 metre retail frontage and rear lane access via Dell Lane
Prime position within Launcestons retail heart next to thriving Hudsons Coffee and in close proximity to Radio Rentals, Suzanne Grae and metres to busy Launceston Mall
Launceston: Tasmanias largest northern city with a growing trade catchment over 140,000 people
Rent: $67,000 pa

Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne

For further details please call Blake Shepherd or Ian Singline.

Launceston, 7250 demographic data

The median household income for Launceston is $1,439, 17% higher than Regional Tasmania's household income of $1,225. Launceston has a younger age profile compared to the rest of Regional Tasmania (median age 41 vs 45). Property ownership data shows 34% of property owners in Launceston have a mortgage.

3,110
Population
$1,439 per week
Median household income
41 years
Median age
Renters
Most residents
Families
Most households
04178208...
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1/111-113 St John Street
Launceston, TAS 7250

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