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52 Wellington Street Launceston TAS 7250

  • Retail
  • Floor Size242 m²
  • PriceFor Sale, EOI - offers invited over $500,000

Prominent CBD Freehold

Expressions Of Interest Offers invited over $500,000 closing date Thursday 8th August 2019

With its premium position on the intersection of Wellington & Elizabeth Streets, 52 & 52A Wellington Street is an impressive offering in todays market. With approximately 30,000 traffic movements daily, the level of exposure is amongst the highest in the city, if profile is important then look no further. Currently owner occupied and utilised as a retail space, this property is ready for redevelopment - accommodation, residential, retail and business or professional services come to mind.

Features include:

-Offered with vacant possession
-Prominent corner site on Wellington & Elizabeth Streets
-Passing traffic of approximately 30,000 vehicles per day
-Ground floor: 176m2 approx.
-Upstairs area: 66m2 approx.
-Land: 283m2 approx.
-Zoning Urban Mixed Use (15.0)
-Parking for 3 vehicles directly behind property
-Reverse cycle air conditioning
-Kitchenette and toilet facilities
-NBN Ready

Outgoings: (previous financial year)

Land Tax: $1177.50
Council Rates: $3519.28
TasWater: $1670.86

To learn more about this property, contact Andy at Tucker & Howell.

Property Highlights

Property ID2015433570
Floor Area242 m²
Land Area283 m²
Parking3 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
Last updated  11 Jul 2019
Map for 52 Wellington Street Launceston TAS 7250
Tucker and Howell
Level 1 / 47a Brisbane Street Launceston TAS 7250

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