67 George Street Launceston TAS 7250
- Shop & Retail
- 216 m²
- For Sale, Offers invited over $690,000 (under offer)
Tenanted CBD Investment
Are you in the market for a set and forget commercial investment? If the answer is yes, 67 George Street is a property that you should be looking at! The sub $1m investment market in Launceston right now is red hot, this is an opportunity not to be missed.
Situated just over a block from the Brisbane Street Mall in a high foot traffic area, 67 George Street is a valuable asset to the tenants that call it home. Both tenants have new long-term leases in place and both also have high quality fit outs that are less than twelve months old.
Multi tenanted properties with strong long-term tenants in the CBD are becoming increasingly hard to find. If you are looking for a commercial investment in the Launceston CBD, this one ticks all the boxes!
-Fully tenanted investment with long term leases in place
-Grain Grocer: 3 Years with 2 x 3 year options
-Ujjayi Yoga: 4 Years with 1 x 4 year option
-Current net annual rent $45,327.27 ex GST
-Prominent high traffic position on George Street
-Building: 216m2 approx. across two floors
-Zoning 'Central Business' (22.0)
-Both tenants have new high quality fit outs
-Reverse cycle air conditioning
-Well-presented commercial property maintained to a high standard
Outgoings: (previous financial year)
Land Tax: $1,298.50
Council Rates: $5,470.55
To learn more about this property, contact Andy at Howell Property Group.
- Commercial loan calculator
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.