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Knight Frank - Launceston

198-200 York Street Launceston, TAS 7250

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198-200 York Street,
Launceston, TAS 7250

Medical & Consulting • Shops & Retail • Offices

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Knight Frank - Launceston
David Webster

Knight Frank - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Knight Frank - Launceston
198-200 York Street
Launceston, TAS 7250

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8 Year Lease + Options to 2037 - ASX Listed Capitol Health Limited

  • Capitol Health Ltd: Market cap $360M
  • Minimum 3.3% annual rent increases
  • Prime position opposite Woolworths
+Secure 8 year lease + options to 2037
+Radiology Tasmania Pty Ltd: Wholly owned by Capitol Health Limited
+Capitol Health Limited: ASX Listed company with a market cap over $360 million
+Rent increased annually to the greater of 3.3% and CPI
+Tenant pays all usual outgoings as per lease including Land Tax
+Well maintained and presented 2 level building over 540sqm, extensively redeveloped and upgraded in 2016, incorporating customer reception, multiple consulting rooms, offices, staff room and amenities
+Prominent 362sqm* corner site with combined 37m* frontage
+Strategically situated in Launceston CBD diagonally opposite brand new Woolworths Supermarket
+City of Launceston: The value of total building approvals have surged by over 243% in the last 5 years to $343 million
+Launceston: The capital of northern Tasmania with a population catchment of over 105,000
+Net Income: $116,684 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 11 May 2022
Crown Casino - River Room

Property ID: 504050111Last Updated: 1 Aug 2023

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