Watch Watch
Back
×
Sold Check
+5 Photos
Suite 3, 65 Unit 3 Brisbane Street, LAUNCESTON, TAS, 7250

2. Property Highlights

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.

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

Read More

3. Property Location

Suite 3, 65 Unit 3 Brisbane Street, LAUNCESTON, TAS, 7250

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Suite 3, 65 Unit 3 Brisbane Street, LAUNCESTON, TAS, 7250 Launceston
calculator-icon Yield Calculator
calcultor-icon Yield Calculator