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49a Brisbane Street Launceston TAS 7250

  • Retail
  • 190 m²
  • For Sale, $690,000 (plus GST if applicable)

Fully leased, CBD Investment. Long established tenant.



The home of "S.J's City Cash" since 1999, 49A Brisbane Street, Launceston, presents as a valuable investment "vehicle" addition to property portfolios. Fronting one of the busiest sections of Brisbane Street, the property is positioned just doors away from Launceston's famous Princess Theatre and strong traders such as "Spec Savers"; "Minimax"; "Flight Centre", to name a few.

The property is over two levels, with a combined floor area of approximately 160 sqm (retail area and first floor storage) and direct retail access to Brisbane St frontage. The business presents a professional 'face" to the street-scape through it's colourful facade and window displays and that same professionalism flows through to the trading floor.

The investment is fully supported by commercial lease terms, which includes Lessee being responsible for paying statutory outgoings extra to the rent.
Current net rent (before Lessor outgoings) is approximately $44,102.

Definitely a property investment which should be closely considered

Property Highlights

Property ID2016051342
Floor Area190 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  4 Feb 2020
Map for 49a Brisbane Street Launceston TAS 7250
Map for 49a Brisbane Street Launceston TAS 725049a Brisbane Street Launceston TAS 7250
Knight Frank Launceston
54 Cameron Street Launceston TAS 7250

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