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212 York Street, Launceston TAS 7250

  • Offices
  • Floor Size290 m²
  • PriceFor Sale, $1 million

Fully Leased Investment Offering in High Traffic Locale

An extremely well presented property offering ground and first floor space with obvious development upside for further first floor extension.

Currently leased by multinational organisation BioMar to 31st March 2020 with the benefit of two 3 year options to 2026.

Located on the busy York St corridor amongst major new developments such as the brand new $23 million Woolworths superstore and the brand new Dan Murphys site which both boast huge traffic flow, other strong traders in the vicinity include, Inspirations Paint, BBQ's Galore and Zambrero's.

• $65,000pa current net rental / $67,000pa net from September 2019
• Annual CPI increases apply thereafter
• 350m2 land area
• 6 rear car parking spaces

For further details contact Blake Shepherd or Marcus Douglas

Property Highlights

Property ID2014768497
Floor Area290 m²
Land Area350 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  9 Nov 2018
Map for 212 York Street, Launceston TAS 7250
Shepherd & Heap Estate Agents
49 Cameron Street Launceston TAS 7250

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