12 Offices For Sale in Launceston, TAS 7250

A RARE LANDMARK OFFICE ASSET

CBRE in conjunction with Edwards Windsor are pleased to present the opportunity to acquire 1 Civic Square, a landmark building in the heart of the Launceston CBD. 1 Civic Square is an impressive five level building located in an esteemed heritage precinct and secured by a long lease to the Tasmanian Government.

KEY INVESTMENT HIGHLIGHTS INCLUDE:
- Located within the heart of the heritage precinct of Launceston, preserving its unique character for generations
- Extensively upgraded between 2007-2019 reducing future CAPEX
- Net Income of $1,277,688pa
- Fully leased to State Government u...

Office or Retail - Own Your Own!

A brilliant position to capitalise on exposure to high volume traffic flow, together with trade generated by neighbouring "Nationals" such as Woolworths, Dan Murphy and Barbeques Galore.

161 York Street offers open plan ground floor of some 170 sqm, enhanced by the first floor offices, (or small flat) and supporting infrastructure.

A versatile property in a premier position, ready for occupancy.

For sale by offer - vacant possession

Outstanding Set & Forget Investment Opportunity

This high profile commercial office property located within the popular Tailrace Centre has West Tamar Highway frontage and is only 5 minutes from Launceston's CBD. Underpinned by a secure' 10 year lease to local community organisation Tailrace with guarantee from New Directions Community Church Inc.

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

Excellent parking on title and an added bonus is the huge Tailrace Centre car park that adjoins which is common ...

Quality Offering in Prominent High Traffic Locale

This extremely solid and well positioned property offers ground and first floor space with strategic development upside for further first floor extension to the rear. Currently leased by multinational fish food manufacturer, BioMar to 31st March 2020 with the benefit of two 3-year options to 2026.

The property is superbly positioned in the busy York Street corridor amongst makor recent developments such as Wollworths superstore and Dan Murphy's, along with other strong retailers including Inspirations Paint, Barbeques Galore and Zambrero, providing huge traffic flow.

- $67,000 per annum...

Central, Leased, Beautifully Appointed and a Net Yield of 8.3%

Currently leased to Rare Innovation Pty Ltd, a group of professional engineers, planners and technicians who work across Australia for a 3 year and 9 month term. Fronting Paterson Street and accessed from the ground floor by lift, the property is light filled, architecturally designed internally and air-conditioned making for an excellent work environment. Externally the property retains the character features Launceston streetscape is renowned for. Leased to 3rd July 2021 with a further 5 year option, in addition to their net rental the tenant is responsible for Rates, Tas Water and Land Tax...

Prime Commercial Site + 2 Residential apartments

Fronting onto one of Launcestons busiest streets, Wellington Street, this property has been home to one of Launcestons oldest and best known restaurants, the Calabrisella, which has operated from this site for circa 40 years.

Two residential apartments upstairs with a solid rental history, provide great additional income of circa $21,000 gross.

The ground floor can continue to be operated as a restaurant either by an owner occupier, or the current owner is prepared to remain under a lease for up to a year while other alternatives are pursued by a new owner.

Iconic restaurant with gr...

Freehold Investment - "Award-Winning Commercial Offering"

Arguably Launceston's most recognised piece of Commercial Real Estate with 'Pierres' continuing to occupy the site, being an internationally recognised business.

'Pierres' occupies the strata known as 88 George Street, under a Commercial lease with new management recently taking over the business.

88A George Street provides a retail shop renovated and fitted out to a high quality, ready for occupancy. Internal access is provided to an extremely well appointed 2 bedroom apartment, again with flexibility of income producing options. This is extremely well fitted out, being the home of Jus...

Iconic Launceston Offering - Baptist Tabernacle

Proudly positioned on Cimitiere Street and in the neighbourhood of the Crown Mill and Albert Hall, this heritage offering provides purchasers the opportunity to secure a well known character offering on the edge of the CBD. A handsome building with impressive columned façade and notable slate tiled roof this building is well suited to owner occupiers looking to locate their business and take advantage of the ground or first floor fitout whilst leasing the remainder of the building. Alternatively redevelop under the existing zoning (STCA)
NAI Harcourts are pleased to offer this property t...

Substantial Heritage Office Multi-Tenant

22- 26 Cameron Street is an outstanding opportunity to purchase a significant heritage holding on the fringe of the Launceston CBD. The building represents an unsurpassed fine example of a late nineteenth century flour mill, with imposing façade and internal features that have been sympathetically refurbished to accommodate a range of office tenancies. This end of Launceston is being revitalised with new development- with ground broken on the Hotel next door, Gas Works and Milledge Lane developments, and the impending UTAS Inveresk Campus all nearby. Buy now with an income and an eye on furth...

Fully Tenanted CBD Investment

Prime opportunity to get in to the commercial property market or expand your portfolio in the Launceston CBD - a solid fully tenanted offering with three individual tenants spreading your investment risk. This property presents very well and is located just one block from the Launceston mall in 'Powell's Arcade'. Tenants include TOLL Transport, Mobile Mania and Adore Massage. In the current market fully tenanted properties like this under $500k are not hanging around for long - put this one in the portfolio before someone else does!

-Net rental of $27,777.24

-Total building / land size ...

Large Central Kings Meadows Site - Huge Development Upside & Growth Potential

This strategically positioned commercial site is contained in one title comprising a total land area of 994m2 with a large frontage of 18 metres, located just off the busy Hobart Road retail strip and situated amongst numerous big names such as McDonalds, Coles, Bendigo Bank and Liv-eat.

Offered for sale with vacant possession, 1 Blaydon Street boasts extreme development upside for the astute purchaser. With a sizeable building area of approximately 635m2 the space is currently separated into 3 tenancies and has scope to further split.

Features include:
- Large land holding of 994m2 ...

Wellington Street Character

Expressions Of Interest Offers invited over $350,000 closing date Wednesday 16th October 2019. Purchasers must submit their best offer by this date for consideration by the board. Decisions on offers will not be made before the closing date.

Are you currently in the market for professional rooms? Short term accommodation? Or maybe even a grand residential property? 317 Wellington Street is the type of opportunity that does not come around often. The property is zoned Commercial (23.0) which opens up a broad range of potential options. As it was initially a residential property, a conver...