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18-20 Paterson Street
Launceston TAS 7250
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Sold on 8 Jun 2023

18-20 Paterson Street Launceston TAS 7250

  • Offices
  • 880 m²
  • Sold, $2,205,000

CBD Office Investment - 2 Tenants to Spread Risk

    Extremely well located on the Paterson St corridor, this high profile and commanding office building comprises a sizable ground floor tenancy of 430m2 with prized disabled access along with an additional first floor tenancy of 450m2.

    - Quality tenants: CVGT Employment Services and Royal Flying Doctors
    - Opportunity for future development and subdivision into additional smaller tenancies
    - Rear access to Cameron Street via right of way
    - Enormous building frontage of approx.18.6m
    - Fixed annual increases of 3% and Market reviews at take up of option/s
    - Combined annual net rental: $139,200

    An outstanding opportunity for investors to secure a quality asset that is sure to provide future growth and attract strong tenants for years to come.

    For further details contact Blake Shepherd or Joel Harwood.

    Property Highlights

    Date Sold8 Jun 2023
    Sold Price$2,205,000
    Floor Area880 m²
    Land Area559 m²
    ParkingAsk Agent
    Property ID2018522988
    Category
    Last updated  28 Jun 2023
    Map for 18-20 Paterson Street Launceston TAS 7250

    Property Highlights

    Date Sold8 Jun 2023
    Sold Price$2,205,000
    Floor Area880 m²
    Land Area559 m²
    ParkingAsk Agent
    Property ID2018522988
    Category
    Last updated  28 Jun 2023
    49 Cameron Street Launceston TAS 7250

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