Shepherd & Heap Commercial is privileged to offer 74 Margaret Street for auction under instructions from the Estate's beneficiary.

A unique opportunity, this property is enhanced by a favourable zoning overlay affording varied and broad ranging use applications (permitted and discretionary) under the local planning scheme to adapt, expand, re-develop or build new across the residential, medical/health allied/consulting, food & beverage spectrums plus a range of other retail applications (s.t.c.a). Adaptive re-use of the property for a home-business combination, exclusive inner city living, visitor accommodation or multiple dwellings are all options (s.t.c.a) capitalising on the ambience and appeal of the neighbourhood and it's unsurpassed situation.

Key details and features of this opportunity in brief:
- Prominent 936sqm site opposite the leafy green Brickfields park
- Substantive 19 metre frontage to Margaret Street
- Existing building improvements of 302sqm - front shop/office, 2 bedroom home and garage/outbuildings
- Prime locale on the doorstep of Launceston CBD
- 'Inner Residential' zoning - retail including food & beverage, residential, medical/health allied and consulting uses (s.t.c.a) all possible
- Huge potential for adaptive re-use, to re-develop &/or value add
- Vacant possession sale (GST exempt)

Auction onsite 1pm Friday 20 October 2023 - for further information, IM report or to arrange inspection contact exclusive selling agent now