2 - 4/7-11 Quadrant Mall, Launceston TAS 7250
- 1 m²
- For Sale, Expressions of Interest close 6th June 2019
Central, Landmark Quadrant Mall Property - Three Strata Tittles, Three Tenants
- CBD Location
- Fully Leased
Centrally located, and comprising three of the four strata titles that make up the entire strata plan, this character, landmark Quadrant Mall property holding - a mix of retail and office space is offered for sale by Expression of Interest. Leased, the total
annual rental net of Rates, Tas Water and Land Tax at settlement will be $111,913 assuming a purchase in one line. With frontage onto the beautiful Quadrant Mall, Claytons Lane and Coulter Court providing excellent profile and ease of access both via foot and vehicle, all three strata titles present very nicely and are at the heart of the CBD. The two retail tenancies on the ground floor (each a separate strata title) are air-conditioned and have excellent frontage onto the Quadrant Mall, 9 Quadrant Mall also offers excellent frontage onto Coulter Court complete with automated security roller shutters if required, while 11 Quadrant Mall includes frontage onto Claytons Lane running down the side of the property. The first floor, accessed via stairs off Coulter Court offers comfortable air-conditioned office space with excellent natural lighting. Here is a great opportunity to secure a central, character property, with multiple strata titles offering a range of uses - continue to enjoy the rental return, down the track operate from part yourself and continue to lease the balance, look to further develop - the first floor for residential accommodation (subject to any council approvals required). The property is offered for sale in one line or as individual strata titles.
Please note the red boundary indicator lines are indicative and for identification purposes only. The land area show of 571m2 is actually the total of the three strata title areas.
|Floor Area||1 m²|
|Land Area||571 m²|
|Annual Return||Ask Agent|
|Last updated||14 May 2019|