19 Dowling Street,
Launceston, TAS 7250

This offering presents as a excellent investment opportunity to start or add to a commercial portfolio or for the small SMF as a superannuation 'nest egg' . Located on the fringe of the city centre in the strong Elphin business precinct, the property under lease to long estblished business The Kitchen Centre has a superbly fitted showroom of some 150 sq metres complemented by near new offices and amenities and a 200 sq metre warehouse at the rear. For the investor, a full term lease of up to 8 years (4 year initial term plus 4 year further option) at an initial rent of $39,500 p.a net of outgoings/GST and rising with annual CPI adjustments provides ongoing security and an excellent yield well above equities, bank interest and other traditional investment options. FOR FURTHER DETAILS CONTACT IAN SINGLINE 0419 8208...