126 Brisbane Street,
Launceston, TAS 7250

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Map of 126 Brisbane Street

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Prime Blue Chip Mall Asset - Excellent Lease Covenant

This outstanding asset is situated in the very heart of the Brisbane Street Mall, Launceston's premium retail and commercial precinct. The property has an extremely stable letting history occupied by clothing giant Sussans for decades with a lease to August 2029 and the benefit of two further 5 year options.

126 Brisbane Street - key investment highlights include:
- Prominent central Brisbane St Mall position
- Large 275m2 approx. title area
- High ceilings, superb fit-out and finishes
- Below market rent with excellent rental upside

126 Brisbane Street represents a rare opportunity offering most segments of the market a quality asset with a clear path for appreciation in the future through natural growth and development upside.

For further details contact Blake Shepherd or Joel Harwood.

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

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