47a Brisbane Street Launceston TAS 7250

Three storey commercial property fronting Launcestons main retail street. Long term tenants in place. The ground floor comprises two tenancies one with great retail frontage onto Brisbane Street while the other has frontage onto Earls Court. The first and second floors comprise single tenancies currently configured as office space, one is tenanted and the other vacant. The annual rental net of outgoings and GST across the building on a fully let basis is approximately $34,245. This is an excellent chance for an investor looking to secure a commercial property with multiple tenancies and great frontage onto Brisbane Street. The property also offers scope for future development.