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Elders Real Estate - Launceston

74-80 Tamar Street Launceston, TAS 7250

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74-80 Tamar Street,
Launceston, TAS 7250

Development Sites & Land • Shops & Retail

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Elders Real Estate - Launceston
Rob Dixon
Charles Black

Elders Real Estate - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Elders Real Estate - Launceston
74-80 Tamar Street
Launceston, TAS 7250

Map of 74-80 Tamar Street

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Prominent CBD Site – National Tenant

  • Site area 642m2
  • Building area 167m2
  • net rent circa $45k, CPI
Prime CBD location with a national tenant, surrounded by iconic sites in a high traffic flow location.

This would be a great addition to the commercial property portfolio with the option for site redevelopment down the track (STCA) or simply retain as a passive investment. 3 Year lease to 14th August 2022.

Net rental income $44,715

Recovered Outgoings $ 9,144

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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