Fully Leased Freehold CBD Building to Telstra, Government & Salvation Army Securely leased to 3 high quality established national tenants Telstra Corp Ltd: Australia’s largest telecommunications supplier, $27.1 billion and employing 36,165 staff Fair Work Ombudsman: Commonwealth of Australia Salvation Army: One of the worlds largest social welfare organisations – 130 years in Australia Fixed annual rent increases Well maintained and recently upgraded building of 1,800 sqm approx over 3 levels with rear access and secure parking on-title Launceston: Tasmania’s largest northern city with a growing trade catchment over 140,000 people Rent: $320,455 pa (June 2017)
Sale High Profile CBD Office Enquiry code for this property: 1471
Since June 2009 this first class investment opportunity has been leased to the Launceston Community Legal Centre (www.lclc.net.au) who have currently extended the lease to June 2018 with the opportunity to extend the lease as required. Current Gross Rental is $20760pa + GST and the rental is increased annually in line with current CPI. Note that outgoings including Body Corporate, Rates, Water and Land Tax for this property for the 2015/2016 financial year were $6460
The Net Return for this property is $14300pa, giving a return of 7.5%
High Profile Commercial Asset - UNDER OFFER An opportunity to acquire a strong commercial location on one of Launcestons busiest arterials. Owner occupy or redevelop / lease with an existing 1357m2 of building footprint over two titles consisting of 2553m2 of land.
Leased to the State Government on a month by month at Will arrangement leaving scope for possible vacant possession.
As is the site is currently returning approx $120,000 of Net Rent pa and boasts up to 24 on site car parks.
Has a Commercial zoning overlay under the Launceston Interim Planning Scheme 2015 with potential to even demolish the site for modern redevelopment...
Entry Level Office - Vacant Posession A rare opportunity to secure a commercial office for less than $150,000!
Offered with vacant possesion this property offers a suburban office with excellent parking for your business. Comprising some 64m2 of building area the property well suits up to 4 employees with ease.
Profile, Parking and Potential Located on George Town Road this well presented, easily accessed, air-conditioned self contained property offers a range of options. Available for use as one or able to be divided into up to three separate tenancies the property is self contained with good amenities and has nine car parking spaces on site. This is a great chance for an owner occupier looking for a site to suit their business; operate from the entire site or from part and lease the balance. Options also exist for the investor looking for an entry level investment opportunity. Across three titles the total land area is approxim...
Massive, Freestanding Office & Warehouse Complex with Development Upside Dominant in the streetscape this vast property illustrates great development potential, or continuance of its use as high quality corporate offices, together with the associated warehousing.
• Gross building area of 4,089sqm*
• Substantial land holding of 4,000sqm*
• Nearly 800sqm* office space
• Major warehouse of 2,235sqm*
• Under-croft warehouse of 774sqm*
• Extensive, on-site parking
• Zoned “Commercial” (Launceston Interim Planning Scheme 2015)
• 90 metre frontage to Galvin Street
The property is available to astute Purchasers as "Vacant Possession", and forms one of the mos...
High Profile Invermay - Offers over $545,000 Located on busy Invermay Road, and new fit out completed in recent years this high profile property was most recently utilised as a showroom with office / warehousing and is approx. 307m2 in size.
The property consists of a showroom, multiple single and open plan offices, kitchen, male and female amenities, store rooms, walk in safe, two car garage and ample hard stand which includes three car spaces at the front.
Zoned "local business" under the Launceston Interim Planning Scheme 2015, this building lends itself to either office or retail space with warehousing. The residential property...