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25 Shamrock Street
Launceston TAS 7250
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Sold on 13 Oct 2021

25 Shamrock Street Launceston TAS 7250

  • Other
  • 390 m²
  • Sold

Quality Freehold Investment With Secure Long Term Lease Covenant

A well-positioned site offering a stable return on investment, initially established in 1998 to cater for the increasingly strong demand for learn to swim in Launceston. The business has enjoyed a steady income for many years now and will do so for many years to come in this growing service industry.

- Bolstered by a New 5 + 5 Year Lease up to 4 July 2031
- $80,000 Net Rent pa plus outgoings, outgoings fully recovered by tenant
- The business success reflected with consistency in high numbers of students on the wait list, over 1000 users per week
- One of Launceston's leading learn to swim facilities
- Superior locale with excellent onsite customer parking
- Scope to repurpose / expand the site long term if required

Constructed to the highest standard with extensive planning to ensure the building was of a very high quality and fit for purpose which could still be easily adapted for other applications in the future. Architecturally designed benefiting from full natural light to complement the northerly aspect and comfort for staff and clients alike.

For further details contact Marcus Douglas.

Property Highlights

Date Sold13 Oct 2021
Floor Area390 m²
Land Area1,042 m²
Parking12 x Onsite parkings
Property ID2017302405
Category
Last updated  13 Oct 2021
Map for 25 Shamrock Street Launceston TAS 7250

Property Highlights

Date Sold13 Oct 2021
Floor Area390 m²
Land Area1,042 m²
Parking12 x Onsite parkings
Property ID2017302405
Category
Last updated  13 Oct 2021
49 Cameron Street Launceston TAS 7250

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