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103 St John Street Launceston TAS 7250

  • Shop & Retail
  • 300 m²
  • For Sale, $1.1million (under offer)

Fully Leased CBD Investment - Strong Tenant Business Mix

    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 STCA)
    - Fully leased, multiple tenancy investment with secure leases
    - Current net income $67,020 per annum

    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).

    Joel Harwood
    Shepherd & Heap Estate Agents
    Joel Harwood
    Shepherd & Heap Estate Agents
    Ian Singline
    Shepherd & Heap Estate Agents
    Ian Singline
    Shepherd & Heap Estate Agents

    Property Highlights

    Property ID2016936582
    Floor Area300 m²
    Land Area169 m²
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  3 May 2021
    Map for 103 St John Street Launceston TAS 7250
    Map for 103 St John Street Launceston TAS 7250103 St John 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*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Joel Harwood
    Shepherd & Heap Estate Agents
    Joel Harwood
    Shepherd & Heap Estate Agents
    Ian Singline
    Shepherd & Heap Estate Agents
    Ian Singline
    Shepherd & Heap Estate Agents

    Property Highlights

    Property ID2016936582
    Floor Area300 m²
    Land Area169 m²
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  3 May 2021
    Shepherd & Heap Estate Agents
    49 Cameron Street Launceston TAS 7250
    Joel Harwood
    Shepherd & Heap Estate Agents
    Joel Harwood
    Shepherd & Heap Estate Agents
    Ian Singline
    Shepherd & Heap Estate Agents
    Ian Singline
    Shepherd & Heap Estate Agents

    Ask Joel Harwood about this property

    Joel Harwood

    Joel Harwood

    Shepherd & Heap Estate Agents

    Ian Singline

    Ian Singline

    Shepherd & Heap Estate Agents

    0448 *** ***
    0448 820 820

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