BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Premium Fully Leased Investment Opposite Woolworths\nElders Com mercial is pleased to present 5 Innocent Street\, Kings Meadows\, a high-q uality\, fully leased commercial investment positioned within one of Launc eston's strongest suburban commercial precincts.\n\n+ Fully leased investm ent returning a net income of $76\,434.24* per annum plus GST.\n+ Under m arket rent with revisionary upside possible at the review. \n+ Leased to t he Launceston Benevolent Society\, an established community organisation.\ n+ Current lease term has approximately 15 months remaining\, with a furth er three-year option available to the tenant.\n+ Modern improvements const ructed in 2013*\, comprising a combination of warehouse\, showroom and fir st-floor office accommodation.\n+ Well-presented building of concrete tilt panel construction\, providing a durable\, low-maintenance investment. \n + Prominent Kings Meadows location with excellent exposure and convenient access from Hobart Road.\n+ Strategically positioned directly opposite the entrance to Woolworths Supermarket\, benefiting from strong passing traff ic and surrounding commercial activity.\n+ Flexible General Business Zone and versatile building configuration provide strong future appeal to a bro ad range of tenants\, investors and owner-occupiers.\n\nThe property is fo r sale via Expressions of Interest Closing 21 October 2026 at 4pm.\n\nPlea se contact Fletcher Seymour or Cale Ayres for more information or to arran ge an inspection. DTEND:20261021T160000 DTSTAMP:20260922T031205Z DTSTART:20261021T160000 SEQUENCE:0 SUMMARY:Expression Of Interest: 5 Innocent Street\, Kings Meadows TAS UID:CRE-2021174990-EOI X-ALT-DESC;FMTTYPE=text/html:

Premium Fully Leased Investment Oppos ite Woolworths
Elders Commercial is pleased to present 5 Innocent St reet\, Kings Meadows\, a high-quality\, fully leased commercial investment positioned within one of Launceston's strongest suburban commercial preci ncts.

+ Fully leased investment returning a net income of $76 \,434.24* per annum plus GST.
+ Under market rent with revisionary upside possible at the review.
+ Leased to the Launceston Benevolen t Society\, an established community organisation.
+ Current lease t erm has approximately 15 months remaining\, with a further three-year opti on available to the tenant.
+ Modern improvements constructed in 201 3*\, comprising a combination of warehouse\, showroom and first-floor offi ce accommodation.
+ Well-presented building of concrete tilt panel c onstruction\, providing a durable\, low-maintenance investment.
+ P rominent Kings Meadows location with excellent exposure and convenient acc ess from Hobart Road.
+ Strategically positioned directly opposite t he entrance to Woolworths Supermarket\, benefiting from strong passing tra ffic and surrounding commercial activity.
+ Flexible General Busines s Zone and versatile building configuration provide strong future appeal t o a broad range of tenants\, investors and owner-occupiers.

T he property is for sale via Expressions of Interest Closing 21 October 202 6 at 4pm.

Please contact Fletcher Seymour or Cale Ayres for m ore information or to arrange an inspection.

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