11 Yorktown Square,
Launceston, TAS 7250

Shops & Retail

Key property information

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Map of 11 Yorktown Square

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Affordable Commercial Tenanted Investment Property

Centrally located, tenanted, beautifully appointed and air-conditioned this CBD property offers a chance to get a foothold in the competitive Launceston commercial property market at an affordable price. Located within Yorktown Square it has excellent frontage, parking is immediately available and all the benefits of a central Launceston location are offered without the price tag. Currently leased for 2 years from 12th January 2018 with a further 1 year option the property is utilised as a hair dressing salon. Total strata tile area and floor area are 62m2. Here is a chance to secure a property that offers a range of opportunities going forward, has a tenant in place and is already returning an income stream.

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

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