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Elders Real Estate - Launceston

Ground, 222-224 York Street Launceston, TAS 7250

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Ground, 222-224 York Street,
Launceston, TAS 7250

Shops & Retail

Key property information

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Elders Real Estate - Launceston
Charles Black
Rodney Rawlings

Elders Real Estate - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Elders Real Estate - Launceston
Ground, 222-224 York Street
Launceston, TAS 7250

Map of Ground, 222-224 York Street

Directions

Maximum Exposure Corner - National Tenant

  • Site area 797 m2
  • Building area 625 m2
  • Net income $93k
Prime corner site fronting busy York and Bathurst Streets, this national tenanted food retail site (Zambrero) is easily accessible with a great profile to passing traffic.

Directly opposite Dan Murphy’s and close to Woolworths, the premier property includes a commercial 7 year lease to May 2023, with a further 2 x 7yr options, to 2037.

Net Rental income $92,712*

Recovered outgoings $ 15,545*

* approximate

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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