111 Wellington Street,
Launceston, TAS 7250
Hotel, Motel & Leisure
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Shepherd & Heap Pty Ltd - LAUNCESTON
49 Cameron StreetLAUNCESTON, TAS 7250
111 Wellington Street
Launceston, TAS 7250
Map of 111 Wellington Street
Landmark Investment Opportunity - Iconic Pizza Restaurant - Circa 7% Net Yield
Extremely well located on the busiest arterial out of the city occupied by long standing and iconic business 'The Pizza Pub'. This dominant property features a vast 62m corner frontage with two crossovers servicing drive through pizza pick up and brand new bottle shop.
Fully refurbished to an immaculate standard
10+7+7+7+7 Year Lease from December 2022
Fixed annual increases of 3% with Market Reviews at Option
Tenant fully responsible for all repairs and maintenance
8 on site car parking spaces plus drive through
Net Rent: $160,000pa
For further details contact Blake Shepherd or Joel Harwood
Fully refurbished to an immaculate standard
10+7+7+7+7 Year Lease from December 2022
Fixed annual increases of 3% with Market Reviews at Option
Tenant fully responsible for all repairs and maintenance
8 on site car parking spaces plus drive through
Net Rent: $160,000pa
For further details contact Blake Shepherd or Joel Harwood
Property ID: 504313636Last Updated: 30 Oct 2023
Shepherd & Heap Pty Ltd - LAUNCESTON49 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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