Suite 3, 65 Unit 3 Brisbane Street,
Launceston, TAS 7250
Shops & Retail
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Elders Real Estate - Launceston
54 Cameron StreetLAUNCESTON, TAS 7250
04081340...
Suite 3, 65 Unit 3 Brisbane Street
Launceston, TAS 7250
Map
Strata Titled Investment - Opposite ANZ Bank
Location & Income. Situated on the corner of Brisbane Street & George Street, the building is diagonally opposite the Launceston Branch of ANZ Banking Group Ltd, which is about to receive a major refurbishment.
The property is within a block of the Brisbane Street mall, whilst George Street has become a popular cafe strip of Launceston.
The property comprises a Strata Titled retail space previously used for retail or Professional rooms.
The property is under a lease until 15th Oct 2021, however the current tenants outgrew the space and have relocated to larger premises.
The current Rental of $24,476 pa Gross (Approx $14,888pa Net) resulting in an expected Sale Price of approx. 5.0%.
The Launceston market has enjoyed strong demand for these safe investment options, resulting from major infrastructure developments recently commenced in the city.
The property is within a block of the Brisbane Street mall, whilst George Street has become a popular cafe strip of Launceston.
The property comprises a Strata Titled retail space previously used for retail or Professional rooms.
The property is under a lease until 15th Oct 2021, however the current tenants outgrew the space and have relocated to larger premises.
The current Rental of $24,476 pa Gross (Approx $14,888pa Net) resulting in an expected Sale Price of approx. 5.0%.
The Launceston market has enjoyed strong demand for these safe investment options, resulting from major infrastructure developments recently commenced in the city.
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
Elders Real Estate - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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