345-347 Wellington Street South Launceston TAS 7249
- Shop & Retail
- 180 m²
- For Sale, Contact Agent
Excellent Frontage, Great Profile, Two Titles - Plenty of Options
Where Westbury Road and Wellington Street intersectâ345â347 Wellington Street, South Launceston.
Masses of profile, plenty of sealed car parking, plate glass fronted, air-conditioned, brick construction with great natural and artificial light along with a double doored store. Plenty of scope to utilise as is or further improve.
Retailers, service providers, allied health, hospitalityâcustomers, clients and patients passing all day on one of Launceston's busiest streets. Catch those going to and from South Launceston, Kings Meadows, Sandhill, Glen Dhu, Prospect, Prospect Vale, Summerhill, the list goes on â if you havenât got most of Launceston covered then you have the southern half well under control.
Tenanted until November 2021 the property is then available for owner occupation, further development or prior to that time secure a replacement tenant ready to go once this high profile site is available for occupancy.
The property comprises two titles so there is always the option to develop and move one on while retaining the other. Combined land area is 752m2 in total with one title 223m2 and the other 529m2.
Current rental return $44,396.76 plus Outgoings and GST. This rental will continue to the vacate date in November 2021.
Here is a terrific opportunity to secure a high profile, prominently positioned property at the intersection of two of Launceston's busiest streets. Already improved and offering versatile accommodation you can enjoy the rental return to November 2021 while you plan for your own occupation, development (subject to council approval) or look to secure a replacement tenant for that time.
The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd .by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties
The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.
|Floor Area||180 m²|
|Land Area||752 m²|
|Energy||0-star NABERS Energy rating|
|Parking||8 x Onsite parkings|
|Annual Return||Ask Agent|
|Last updated||12 Nov 2020|