49a Brisbane Street Launceston TAS 7250
- 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
|Floor Area||190 m²|
|Land Area||Ask Agent|
|Annual Return||Ask Agent|
|Last updated||4 Feb 2020|