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74-80 Tamar Street Launceston, TAS 7250

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74-80 Tamar Street,
Launceston, TAS 7250

Shops & Retail • Development Sites & Land • Warehouse, Factory & Industrial

Key property information

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Map of 74-80 Tamar Street

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Prominent Site - Secure Income Flow

The following offering provides the astute investor to purchase a prime parcel of commercial land with a secure income flow.

Located opposite the City Park, the block adjoins Launceston's iconic Royal Oak Hotel. The block of land of 642sqm is prime for future redevelopment.

Currently the property is leased to Europcar from August 2013 for a term of 3 years with 3x3 year option.

Full property particulars and details are available from the Agent.

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
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74-80 Tamar Street
Launceston, TAS 7250

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