Lot 3/32 Elouera Street Riverside TAS 7250

Tailrace House is located within the popular Tailrace Centre benefitting from West Tamar Highway frontage whilst being only 7 minutes from Launceston's CBD. Underpinned by a secure 10 + 10 year lease to May 2037 with guarantee from New Directions Community Church Inc.

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

Features include:
- Long 10 + 10 year lease from May 2017
- Solid brick construction
- 215m2 approx. building area
- Large 937m2 title area
- 65 bay car park (common property)
- Current net rental: 70,980pa excl. GST

For further details contact Blake Shepherd or Joel Harwood.