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Knight Frank - Launceston

104 Charles Street Launceston, TAS 7250

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104 Charles Street,
Launceston, TAS 7250

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Knight Frank - Launceston
Rodney Rawlings
David Webster
Cale Ayres

Knight Frank - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Knight Frank - Launceston
104 Charles Street
Launceston, TAS 7250

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A "beauty" Investment at the retail heart of Launceston

  • Dominant street-front profile
  • Neighbouring National retailers
  • Vibrant trading Charles Street
Holding a premium retail position 104 Charles Street, Launceston is fully leased to one of Launceston's leading and most innovative, all encompassing body-contouring "beauty' businesses., Mojjatchii
Leased for five years from January 2023 and with options through to 2035, the property presents immaculately, both from business and fit-out and prior extensive interior refurbishments, thereby enhancing a very low, or nil maintenance. passive investment opportunity.
Charles Street is the position of choice for major traders such as Bonds, Country Road, Bed Bath 'n' Table, Chemist Warehouse, Gazman, and retail giant Target.
Mojjatchii hails trade via its extensive array of services, from body contouring to elite hairdressing, to be Launceston's most sought "one-stop" beauty establishments.

Current gross rental of $130,000 (plus GST), and with an increase, of CPI or 3.0%, whichever is the greater, due 1 January 2024, may provide a return of circa 7.0%..

Property ID: 504435108Last Updated: 19 Jan 2024

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