1-15 St.John Street,
Launceston, TAS 7250
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Car spaces
Tenure type
Sold on
Map of 1-15 St.John Street
Impeccably presented Retail Complex. 100% leased to Multinational & ASX listed tenants.
Fully leased with net leases to four high profile national and multinational tenants.
WALE of 7 years.
Outstanding tenant mix including Super Cheap Auto, Rabobank, Beacon Lighting and Ray's Outdoors.
69% of the net income is underwritten by ASX listed Super Retail Group Limited.
Attractive annual income growth via 3.5% rent reviews (Rabobank CPI).
Prominent site with three street frontges in strategically accessible CBD location.
Strong bulky goods precinct opposite Spotlight, Anaconda and in close proximity to Harvey Norman plus new Bunnings and Officeworks nearby.
On title parking for 59 cars.
Recently refurbished building offering significant tax depreciation benefits.
Easily managed secure and multiple income stream with tenants paying all usual outgoings.
Value add/subdivision opportunity (STCA).
Net income $847,629pa (as at July 2015).
For Sale by Expressions of Interest Closing 3pm Thu 16 Apr 2015
Darren Beehag 0411 226 2...
Graeme Watson 0419 717 171
CO-AGENT
Shepherd & Heap
Ian Singline 0419 820 820
WALE of 7 years.
Outstanding tenant mix including Super Cheap Auto, Rabobank, Beacon Lighting and Ray's Outdoors.
69% of the net income is underwritten by ASX listed Super Retail Group Limited.
Attractive annual income growth via 3.5% rent reviews (Rabobank CPI).
Prominent site with three street frontges in strategically accessible CBD location.
Strong bulky goods precinct opposite Spotlight, Anaconda and in close proximity to Harvey Norman plus new Bunnings and Officeworks nearby.
On title parking for 59 cars.
Recently refurbished building offering significant tax depreciation benefits.
Easily managed secure and multiple income stream with tenants paying all usual outgoings.
Value add/subdivision opportunity (STCA).
Net income $847,629pa (as at July 2015).
For Sale by Expressions of Interest Closing 3pm Thu 16 Apr 2015
Darren Beehag 0411 226 2...
Graeme Watson 0419 717 171
CO-AGENT
Shepherd & Heap
Ian Singline 0419 820 820
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
04112262...
1-15 St.John Street
Launceston, TAS 7250
CBRE - NSWLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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