107 Brisbane Street Launceston TAS 7250

The building is uniquely positioned along the 'Avenue' high street strip of Brisbane Street, neighboured by retail giants and opposite a plethora of food offerings creating quality footfall traffic.

Held in the one family for many years this iconic property offers buyers surety of income from well known brands, an extremely well maintained building along with the clear benefit of additional first and second floor development upside.

The property's presence and exposure displaying an enormous 22m frontage underpins the future growth potential, with the ability to revert to large retail tenancies certainly achievable along with potential future strata subdivision (STCA) to add value.

- Iconic four level building of immense importance, immaculate presentation and outstanding development upside.
- Approx. 800sqm title area with frontage to Brisbane Street of 22m along with rear frontage to Dicky White's Lane.
- Huge 1,947m2 total building area over four levels
- Estimated fully let annual return of $399,450 net

The Old Launceston Hotel Building provides an unparalleled opportunity to invest and secure an outstanding offering in a tightly held locale.

For further details contact Blake Shepherd or Joel Harwood.