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157 Brisbane Street Launceston TAS 7250

  • Shop & Retail
  • 175 m²
  • For Sale, EOI Offers Over $900,000

Prime 'Two In One' CBD Investment Offering - 10+5/ 5 + 5 Year Leases

    A superb investment offering, two securely leased retail shops in Brisbane Street, Launceston's premier retail strip and less than 100 metres from The Mall. Within a strong business locale and high footfall area the offering is in the best of company with Village Cinemas next door plus Target, KFC, Country Road, ZAP Fitness and Michael Hill Jewellers all surrounding the property.

    Investment features include:
    New leases from 2019 - Aussie Convenience 10 + 5 years and Case by Case 5 + 5 years
    Bank guarantee/security bond in place on each tenancy
    Net lease structures with tenants paying statutory outgoings including Council rates and Land Tax
    Compounding 3% and 3.5% rent increases
    Modern shopfront style tenancies, self contained and excellent presentation
    175 sq. metre building area
    $57,312pa current net income

    One of the best commercial investment opportunities currently in the local marketplace, certainly one to consider.

    For further details call Ian Singline

    Property Highlights

    Property ID2016855296
    Floor Area175 m²
    Land Area182 m²
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  19 Mar 2021
    Map for 157 Brisbane Street Launceston TAS 7250
    Map for 157 Brisbane Street Launceston TAS 7250157 Brisbane 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.

    Property Highlights

    Property ID2016855296
    Floor Area175 m²
    Land Area182 m²
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  19 Mar 2021
    Shepherd & Heap Estate Agents
    49 Cameron Street Launceston TAS 7250

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