Positioned in the heart of Launceston's CBD, on the very prominent corner where Brisbane Street meets St John Street, stands this iconic part of the local cityscape. 109 Brisbane Street has been meticulously preserved and represents a fine example of the Victorian Free Classical style of architecture.
This 3-storey building offers a mix of retail and office accommodation with the retail spaces capitalising on the busy foot traffic that is constant from the Brisbane Street Mall and The Avenue. The upper-level offices have the benefit of elevator access a rarity in heritage buildings throughout Launceston.
By area, this building boasts an impressive 87% occupancy rate and enjoys quality tenants including Wendy's, the very successful longstanding local business Capri, and Grant Tucker Barristers & Solicitors. There is also further potential to be gained in tenanting the remaining single ground floor vacancy along with the development of upper levels to increase the lettable area (STCA).
If you have been looking to secure a significant and prestige holding that captures the preserved heritage architecture as you see here in this marquee, generational asset, then 109 Brisbane Street would be well worth your consideration.
- Corner site opposite tightly held Brisbane St Mall
- Exceptional example of Victorian Free Classical architecture
- Over 40m of high foot traffic street frontage
- Tenanted at 87% occupancy by longstanding local businesses
- Substantial development upside (STCA)
- Upper levels benefiting for existing elevator access
- Strong mix of office and retail tenancies
For more information on this property please contact Andy or Ben at Howell Property Group.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.
