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103 St John Street
Launceston TAS 7250
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Sold on 31 May 2021

103 St John Street Launceston TAS 7250

  • Shop & Retail
  • 300 m²
  • Sold, $1,100,000

Fully Leased Freehold Investment - Strong Tenant Business Mix â Prime CBD Corner Address

103 St John Street is an imposing two level corner commercial property finished in the striking art deco style sited at the entrance to the popular Quadrant Mall. Significant streetscape upgrades recently of the Mall enhance the property considerably with further major streetscape work planned for St John Street in the near future.

Fully leased and a strong letting history, the impressive tenant directory includes Sarah Whittington Optometrist, national NDIS/Aged Care provider Candice Care and local kitchen cabinetry supplier Tassie Cabinets.

Investment features at a glance:
⢠Imposing two level building featuring distinctive art deco styles
⢠Exceptional presentation throughout, quality fit-outs
⢠Prominent inner CBD site in Launceston's main retail zone
⢠High visual position with over 27 metres of street front
⢠Future strata subdivision potential and/or upper level residential conversion (all s.t.c.a)
⢠Fully leased, multiple tenancy investment with secure leases
⢠Current net income $67,020 p.a approx.

103 St John Street presents as an outstanding investment opportunity, worthy of serious consideration for any property portfolio.

Private Treaty Sale - $1.1million - Contact Joel Harwood or Ian Singline for further details, IM report, inspections (by appointment).

Shepherd & Heap Estate Agents
Shepherd & Heap Estate Agents
49 Cameron Street
Launceston, TAS 7250

Property Highlights

Date Sold31 May 2021
Sold Price$1,100,000
Floor Area300 m²
Land Area195 m²
ParkingAsk Agent
Property ID2016936582
Category
Last updated  1 Jun 2021
Map for 103 St John Street Launceston TAS 7250

Nearest transport* to 103 St John Street Launceston TAS 7250

Bus
St John St Cnr York St21 m
Stop B1, No.74-82 St John St22 m
Stop B1, No.74-82 St John St32 m
Stop C1, No.71-77 York St91 m
Data source: Metro Tasmania Pty Ltd (Metro)
*Within a 4km radius
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Shepherd & Heap Estate Agents
Shepherd & Heap Estate Agents
49 Cameron Street
Launceston, TAS 7250

Property Highlights

Date Sold31 May 2021
Sold Price$1,100,000
Floor Area300 m²
Land Area195 m²
ParkingAsk Agent
Property ID2016936582
Category
Last updated  1 Jun 2021

Listed by

Joel Harwood
Joel Harwood
Shepherd & Heap Estate Agents
Call
0448 820 820

More about 103 St John Street Launceston TAS 7250

103 St John Street Launceston TAS 7250 is categorized as Shop & Retail Property. It has a floor area of 300 m² and a land area of 195 m². The listing ID for this property is 2016936582.

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