Unit 8, 70 Charles Street,
Launceston, TAS 7250
Shops & Retail
Key property information
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Elders Real Estate - Launceston
54 Cameron StreetLAUNCESTON, TAS 7250
Unit 8, 70 Charles Street
Launceston, TAS 7250
Map of Unit 8, 70 Charles Street
Freehold Investment with Fixed Rent Reviews
An appealing Freehold Investment Opportunity, occupied by one of Launceston's finest sushi bars and located in the strong Charles Street retail strip.
This ideal strata titles retail shop is well positioned on Charles Street, opposite the iconic Star Bar Hotel, close to Target and within half a block of the Brisbane Street Mall.
The shop provides a retail strata title of approx. 48 sqm and comprises both retail space with food preparation at the rear.
The fit-out provides a sharp but simplistic retail, with the current business of "Sushi To Go" being a well established food business in Launceston.
The property is secured by a lease of an initial term of 5 Years with 2 further terms of 5 Years. The Lessee is responsible for all outgoings (Statutory & Body Corp) making this a very appealing Net Rental.
The investment represents an attractive investment opportunity in our current low interest rate environment.
This ideal strata titles retail shop is well positioned on Charles Street, opposite the iconic Star Bar Hotel, close to Target and within half a block of the Brisbane Street Mall.
The shop provides a retail strata title of approx. 48 sqm and comprises both retail space with food preparation at the rear.
The fit-out provides a sharp but simplistic retail, with the current business of "Sushi To Go" being a well established food business in Launceston.
The property is secured by a lease of an initial term of 5 Years with 2 further terms of 5 Years. The Lessee is responsible for all outgoings (Statutory & Body Corp) making this a very appealing Net Rental.
The investment represents an attractive investment opportunity in our current low interest rate environment.
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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