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299 - 301 Wellington Street Launceston, TAS 7250

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299 - 301 Wellington Street,
Launceston, TAS 7250

Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail

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National Tenant - 10 year Lease - New Building

A most impressive new building with strong depreciation benefits - ideally situated along major arterial road with the largest volume of passing traffic in Launceston. A purpose built facility ideal for peripheral sales, featuring excellent showroom, extensive mezzanine storage and warehousing. The site of 1196m2 is fully concreted and includes customer parking, outside storage areas and secure fencing, the building itself extends over a footprint of some 475m2.
Returning $63,364 annual net passing rental with annual cpi increases.

For further details please call Blake Shepherd on 0417 820 280

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
04178208...
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299 - 301 Wellington Street
Launceston, TAS 7250

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