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DESCRIPTION:Vacant Possession Mixed-Use Opportunity with Seven Income Strea
 ms\nElders Commercial is pleased to offer a mixed-use asset in a premium l
 ocation for sale via auction. The property is now fully vacant and primed 
 for re-development.\n\nKey property and investment highlights include:\n\n
 + Premium Charles Street position within one of Launceston's most tightly 
 held mixed-use precincts\, ideally located on the popular café strip and 
 within walking distance of the CBD and Launceston General Hospital.\n+ Rar
 ely does an opportunity present with the potential for seven separate inco
 me streams\, comprising an established retail tenancy\, five residential f
 lats and a separate heritage terrace residence.\n+ Offered with full vacan
 t possession\, providing purchasers with the flexibility to renovate\, rep
 osition\, lease or occupy to suit their own investment strategy.\n+ 245 Ch
 arles Street was constructed in 1880\, making it a significant heritage pr
 operty. It has historically been used commercially\, as a bakery and more 
 recently as a residence.\n+ Substantial landholding of approximately 1\,17
 9sqm across two titles\, delivering significant underlying land value in a
  proven inner-city growth corridor.\n+ Existing improvements include a vac
 ant retail premises\, five one-bedroom residential flats and a separate do
 uble-storey heritage terrace.\n+ The residential flats are serviced by 80s
 qm* undercover parking with the potential to create more parking on the su
 rplus land.\n+ Combining scale\, location\, redevelopment potential and mu
 ltiple future income opportunities\, this is a genuine mixed-use investmen
 t with substantial upside in the heart of Launceston.\n+ The commercial te
 nancy has historically leased for $45\,000 net + GST.\n\nThe property is b
 eing sold via Auction on Friday the 13th of November at 12 noon.\n\nPlease
  contact Fletcher Seymour or Rodney Rawlings for more information or to ar
 range an inspection.
DTEND:20261113T130000
DTSTAMP:20261016T005017Z
DTSTART:20261113T120000
LOCATION:243-245 Charles Street\, Launceston TAS
SEQUENCE:0
SUMMARY:Auction: 243-245 Charles Street\, Launceston TAS
UID:CRE-2021246822-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Vacant Possession Mixed-Use Opportuni
 ty with Seven Income Streams <br/> Elders Commercial is pleased to offer a
  mixed-use asset in a premium location for sale via auction. The property 
 is now fully vacant and primed for re-development. <br/>  <br/> Key proper
 ty and investment highlights include: <br/>  <br/> + Premium Charles Stree
 t position within one of Launceston's most tightly held mixed-use precinct
 s\, ideally located on the popular café strip and within walking distance
  of the CBD and Launceston General Hospital. <br/> + Rarely does an opport
 unity present with the potential for seven separate income streams\, compr
 ising an established retail tenancy\, five residential flats and a separat
 e heritage terrace residence. <br/> + Offered with full vacant possession\
 , providing purchasers with the flexibility to renovate\, reposition\, lea
 se or occupy to suit their own investment strategy. <br/> + 245 Charles St
 reet was constructed in 1880\, making it a significant heritage property. 
 It has historically been used commercially\, as a bakery and more recently
  as a residence. <br/> + Substantial landholding of approximately 1\,179sq
 m across two titles\, delivering significant underlying land value in a pr
 oven inner-city growth corridor. <br/> + Existing improvements include a v
 acant retail premises\, five one-bedroom residential flats and a separate 
 double-storey heritage terrace. <br/> + The residential flats are serviced
  by 80sqm* undercover parking with the potential to create more parking on
  the surplus land. <br/> + Combining scale\, location\, redevelopment pote
 ntial and multiple future income opportunities\, this is a genuine mixed-u
 se investment with substantial upside in the heart of Launceston. <br/> + 
 The commercial tenancy has historically leased for $45\,000 net + GST. <br
 />  <br/> The property is being sold via Auction on Friday the 13th of Nov
 ember at 12 noon. <br/>  <br/> Please contact Fletcher Seymour or Rodney R
 awlings for more information or to arrange an inspection.</P></body></html
 >
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