132 York Street houses Launceston's iconic "George's Dry Cleaners" which has been on-site for over 40 years.
The current Landlord has held the property for 30 years and is now letting other investors take the reins of a sound income stream derived from a solid Lessee and a dominantly located building.
Fronting busy York Street, the property is leased, with options until October 2024.
Current net income $26,522 per annum - Tenant pays all usual outgoings.
One for the $400k plus, investors.