Knight Frank & Peter Bushby Real Estate conjunctionally offer to the market this landmark piece of Real Estate strategically positioned in the Launceston CBD.
Situated 40m from the Brisbane Street Mall, opposite the Quadrant Mall and having frontage to both St John Street and Tatler Arcade. This property is sure to benefit from plans under the Launceston City Heart project aimed at continuing to energize the Launceston CBD.
The property comprises 4 titles which are available individually or in-one-line.
Two (2) titles are subject to leases to National retailers, which are returning approx $275,000 pa Net, whilst the other 2 titles are offered Vacant Possession.
There has been considerable interest from National Retailers in taking up these shops once the "City Heart Project" develops further.
The 4 titles combine to provide a Land Area of 1,996 sqm.
This represents one of the most exciting offerings within the CBD with an opportunity for Investors & Developers to further value add to this unique property in a sought after location.
