3/93 Paterson Street Launceston TAS 7250

Shepherd & Heap Commercial on behalf of its client TasTAFE is proud to offer for sale TasTAFE - Lot 3, 93 Paterson St, a quality corner offering in extremely central and important locale.

The property occupies a sizable 1,946m2 title, which benefits from expansive common property and transitional space. Great profile is offered through exposure to three street frontages and development potential is evident for a variety of uses given the close proximity to the CBD and access to major arterials both key indicators.

The property has been extremely well maintained and benefits from a modern juxtaposed extension which currently provides a lobby/reception style entry to the main building.

Substantial land holding 1,946m2 with three street frontages.
Over 1,200m2 of building area
Area for 13 car parking spaces
Ideal owner occupied office offering or investment
Alternate uses include office, allied health, mixed use development, including residential (all subject to Council approval)
Simple 3 lot strata with no horizontal boundaries or common building areas
Lot 1 and 2 owned by the Tasmanian Government
Upgraded services including installation of lift
Extreme value for money, possibility for up to 4 income producing tenancies

Certainly an outstanding, well maintained property with desirable on site carparking and the clear ability to benefit from multiple income streams from the separate building areas. A must for any owner occupier looking for larger space with carparking and astute investors alike.

For sale by Tender Closing strictly 4pm 9th December 2020 at the offices of Shepherd & Heap in a sealed envelope marked 3/93 Paterson St, Launceston Tender Private and Confidential do not open.

Tenders will be opened by two representatives of TasTAFE and Director of Shepherd & Heap.

Tender terms and conditions as described in Tender documentation