CBRE & Edwards Windsor are pleased to offer for sale by Expressions of Interest, one of Launceston's most iconic office buildings, 'Henty House' at 1 Civic Square, Launceston.
Located in the heart of Launceston's CBD and Civic precinct, 'Henty House' offers high quality office accommodation fully leased to the Crown of Tasmania and Federal Government.
Key property details include:
+ Commanding five level office building with NLA of 4,768sqm*
+ Annual net income of $1,523,056 per annum* plus GST and outgoings
+ 100% leased to State and Federal Governments with WALE of 6.72 Years
+ Brand new 15-year lease to Federal Government over Level 1
+ Efficient floor plates with central core and light to all four sides
+ Recently completed Landlord CAPEX programme of $2.4million
+ Located in Launceston's core office and activity precinct
+ Substantial State and Federal Government investment of $564million to make Launceston one of Australia's most livable and innovative regional cities
+ Strong ESG credentials with Solar Power and 6 Star Water rating
+ 4 Star NABERS energy rating
Recognised as the best performing economy for the 9th consecutive quarter, Tasmania continues to experience excellent growth, with Australia's strongest job market and unemployment at 3.9%, and the highest residential growth of 28.7% year on year.
For further information or to arrange an inspection please contact the selling agents.
CBRE
Tom Ryan
+61 419 786 244
Scott Orchard
+61 425 760 712
Edwards Windsor
Tim Johnstone
+61 418 395 157
Scott Alexander
+61 423 750 715
*approx.
