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32 Elouera Street, Riverside, TAS, 7250

Properties / Buy / Tasmania / Launceston

Tenanted Investment

1. Property Summary

Selling Method

For Sale

Selling Details

For Sale By Offers Over $695,000

Land Area

937 m² (*approx)

Floor Area

215 m² (*approx)

Property Type

Offices

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2. Property Highlights

Outstanding Set & Forget Investment Opportunity

This high profile commercial office property located within the popular Tailrace Centra has West Tamar Highway frontage and is only 5 minutes from Launceston's CBD. Underpinned by a secure 10 year lease to local community organisation Tailrace with guarantee from New Directions Community Church Inc.

Currently configured to 9 well appointed individual offices, most of which are sublet to like minded businesses in the strong health and welfare sector spreading investment risk.

Excellent parking on title and an added bonus is the huge Tailrace Centre car park that adjoins which is common property.

Current rent is $52,000p.a

For further details contact Blake Shepherd or Ian Singline

Remember to mention you found this property on CommercialReady.com.au