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79a - 81 George Street Launceston, TAS 7250

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79a - 81 George Street,
Launceston, TAS 7250

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CBD Investment - National Tenant and Food Operator

Well located within close proximity to ANZ and Westpac Bank, Flight Centre and other strong retailers. Two tenancies allows investors to spread risk with a new 3 year lease to Money3 and lease to April 2020 to the Indian Takeaway. Total annual rental of $39,250 + GST with the tenants paying all usual Outgoings. Both tenancies occupy a land area of 80m2 each, (two titles) with building area of approximately 75m2 each, exciting potential exists for future upside, perhaps with a first floor apartment addition (s.t.c.a).

For further details please call Blake Shepherd

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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79a - 81 George Street
Launceston, TAS 7250

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