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Sold on 18 Dec 2019

100 Charles Street Launceston TAS 7250

  • Shop & Retail
  • 1 m²
  • Sold

Absolute Prime CBD Location

  • Prime Retail Location
  • Frontage onto Charles Street and Kingway
  • Further Development Potential

With excellent frontage onto both Charles Street (approx. 8.3m) and onto the Kingsway (approx. 8.5m) 100 Charles Street is in a prime retail location in Launcestons CBD. On approximately 382m2 of land across two titles the frontage onto Charles Street forms part of what must be Launcestons most vibrant retail strip with names such as Country Road, Jeanswest, Strandbags, Jay Jays, Route 66, Bonds, Gaz Man and Blue Illusion nearby, just to name a few. The Brisbane Street Mall is only some 60 meters walk away. The Kingsway has improved dramatically over recent years Macpac, Kathmandu and Earthy Eats now established in the street. Currently comprising ground floor retails space with office space, storage and amenities at the rear, there are a further two floors above, neither are used at present. Off the Kingsway is an area currently used for car parking, accommodating 7 vehicles. The property is offered for sale with vacant possession. It would suit continued retail operation, development of the existing first and second floors for commercial or residential use, extension to the rear over the vacant land (STCA), the options abound for this beautiful property. A truly rare opportunity indeed to secure a property in such a blue chip Launceston location, one well worth further investigation.

Property Highlights

Property ID2015804963
Date Sold18 Dec 2019
Floor Area1 m²
Land Area382 m²
ParkingAsk Agent
Building TypeWhole building
Category
Last updated  18 Dec 2019
Map for 100 Charles Street Launceston TAS 7250
Map for 100 Charles Street Launceston TAS 7250100 Charles Street Launceston TAS 7250
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Harrison Humphreys
48 Brisbane St Launceston TAS 7250

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