104 Charles Street,
Launceston, TAS 7250
Shops & Retail
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Elders Real Estate - Launceston
54 Cameron StreetLAUNCESTON, TAS 7250
104 Charles Street
Launceston, TAS 7250
Map of 104 Charles Street
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%..
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%..
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
Elders Real Estate - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
More properties from Elders Real Estate - Launceston
Other properties you might be interested in based on the location and property type you are looking at.
