84-86 Brisbane Street,
Launceston, TAS 7250

Shops & Retail

Key property information

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Map of 84-86 Brisbane Street

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Flagship Investment Offering - Leased To Telstra Group Ltd

Occupying one of the best positions in the CBD, 84-86 Brisbane Street is leased on a long term basis to Telstra Group's only Launceston store. Located between Liv-Eat and Oscar Wylie this prime position benefits from a high volume of footfall traffic thanks to a mix of large scale retail and hospitality operators.

Features include:
- Enormous 9.5 metre frontage
- Includes first level providing potential future upside
- Leased to ASX listed Telstra Group Ltd (ASX: TLS)
- Renewed 5 + 5 year lease term from April 2023
- Net rent: $152,505pa excl. GST (from March 2025)

A truly generational opportunity to secure a prime commercial property in this tightly held location.

For further details contact Blake Shepherd or Joel Harwood.

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

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