52 Brisbane Street,
Launceston, TAS 7250

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Irreplaceable CBD Trophy Freehold - Fully Occupied

Iconic Art Deco Building
Excellent tenancy history
High yield anticipated

Fully occupied building the iconic ‘Holyman House’ with major tenants including Hello World Travel and Newsagency
Excellent occupancy history with several longstanding tenants
Magnificent Art Deco building totalling 2,300 sqm over 5 levels
High profile CBD site of 541 sqm with extensive 40 metre dual retail frontage
Potential for future redevelopment and/or subdivision STCA
Impressive rooftop area with incredible 360 degree views of the city
Rental levels below market – Average $99 per sqm
Landmark location within Launceston’s thriving retail heart amongst numerous national retailers
Rent: $238,219 pa + GST

Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne

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

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Most households