317 Wellington Street South Launceston TAS 7249

317 Wellington Street presents an excellent opportunity to acquire a quality freehold investment property securely leased to one of Tasmania's most prominent early education providers, Lady Gowrie Tasmania.

Positioned on a high-profile arterial route just minutes from Launceston's CBD, this freestanding commercial building offers excellent exposure and ease of access via both Wellington Street and a rear right of way from Eardley Street.

The 250m² building sits on a generous 596m² allotment, zoned 17.0 Commercial under the Launceston Interim Planning Scheme. The property is fully leased to Lady Gowrie Tasmania Incorporated on a five-year term expiring in November 2027, with a further five-year option. The lease includes a net structure with all statutory outgoings paid by the tenant, providing a strong and reliable income stream.

This character-filled property features a charming heritage style fit-out, reverse cycle air conditioning, full kitchen and accessible toilet facilities, as well as gas heating and hot water with BBQ connection points on both levels. Ample off-street parking enhances its functionality, making it well-suited for administrative or professional services.

This is a compelling opportunity for investors seeking a low maintenance, tenanted commercial asset backed by a well-respected not-for-profit organisation.

- Freestanding office with attractive heritage style fitout
- Excellent off street parking
- Reverse cycle air conditioning
- Full Kitchen / Accessible toilet facilities
- Prominent high traffic position on Wellington Street
- Tenanted to once of Tasmania's largest childcare operations
- All statutory outgoings paid by tenant

To learn more about this property, contact Ben or Andy at Howell Property Group.

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.