20-22 Merino Street,
Launceston, TAS 7250
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 20-22 Merino Street
Collect over $167,000 until August 2019 - then move in!
Situated within close proximity to major highways, via Connector Road, and leased to leading packaging manufacturer, this Merino Street property may prove ideal for property investors or those wanting their own premises.
- Lease to August 2019
- Current passing net rent $167,413
- Tenant pays outgoings, including insurance
- Site area in-excess of 8,000sqm (approx)
- Gross building area of 3,000sqm (approx)
- Likely "double-digit" yield
Buy now and let the rent help pay for a great property, which has heaps of space for future use as one, or as a "share" complex.
- Lease to August 2019
- Current passing net rent $167,413
- Tenant pays outgoings, including insurance
- Site area in-excess of 8,000sqm (approx)
- Gross building area of 3,000sqm (approx)
- Likely "double-digit" yield
Buy now and let the rent help pay for a great property, which has heaps of space for future use as one, or as a "share" complex.
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
Renters
Most residents
Families
Most households
20-22 Merino Street
Launceston, TAS 7250
Elders Real Estate - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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