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79A-81 George Street Launceston TAS 7250

  • Shop & Retail
  • 150 m²
  • For Sale, $725,000 (GST na)

CBD Investment - National Tenant and Food Operator

    Extremely well located in Launceston's popular and trendy George Street, this property sits among thriving food and cafe outlets plus strong national brands such as ANZ, Westpac, Flight Centre.

    Two tenancies allow investors to spread risk with a renewed 3 year lease to Nanglo Restaurant and term of 3 years plus 6 months with benefit of two 2 year options to long standing national tenant Money 3 who have occupied the tenancy since 2007.

    Flexible 'Central Business' zoning overlay
    Thriving mixed use street with consistent flor of foot traffic
    Covid safe state with strong political leadership
    Total annual rental of $42,062 + GST with the tenants paying usual outgoings

    Both tenancies occupy a land area of 80m2 each, (two titles) with building areas of approximately 75m2 each, exciting potential exists for further upside, perhaps with a first floor apartment addition (s.t.c.a)

    For further details please call Blake Shepherd

    Property Highlights

    Property ID2016721058
    Floor Area150 m²
    Land Area160 m²
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  24 Mar 2021
    Map for 79A-81 George Street Launceston TAS 7250
    Map for 79A-81 George Street Launceston TAS 725079A-81 George Street Launceston TAS 7250
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    • Purchase price

      $
      725,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    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.

    Property Highlights

    Property ID2016721058
    Floor Area150 m²
    Land Area160 m²
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  24 Mar 2021
    Shepherd & Heap Estate Agents
    49 Cameron Street Launceston TAS 7250

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