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83 York Street
Launceston TAS 7250
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Sold on 27 Feb 2020

83 York Street Launceston TAS 7250

  • Shop & Retail
  • 77 m²
  • Sold

A "well groomed" investment starter.

Situated nearly next door to Launceston's iconic retailer Allgoods and fronting very busy York Street, this very presentable and affordable investment property is "ripe" as an addition to a well balanced investment portfolio.
Fully leased to a vibrant Hair Salon / Beauty parlour, on a three (3) year term (plus further option term), which commenced September 2019, the property illustrates as a likely, low-maintenance, "set and forget" investment, returning better than bank interest.

Current rental income of $18,200 per annum, increases annually based on CPI. The Lessee also pays all outgoings (Council rates; Taswater; Land Tax and Body-corp fees), thereby enhancing the financial returns to the Investor.
In the prevailing low interest rates environment, property investing is proving lucrative.

Invest at "offers over $265,000"

  Elders Real Estate Launceston
Elders Real Estate Launceston
54 Cameron Street
Launceston, TAS 7250

Property Highlights

Date Sold27 Feb 2020
Floor Area77 m²
Land Area77 m²
ParkingAsk Agent
Property ID2016079661
Category
Last updated  27 Feb 2020
Map for 83 York Street Launceston TAS 7250

Nearest transport* to 83 York Street Launceston TAS 7250

Bus
Stop C1, No.71-77 York St35 m
St John St Cnr York St111 m
Stop B1, No.74-82 St John St114 m
No.66A Elizabeth St (Opp. Princes Square)125 m
Data source: Metro Tasmania Pty Ltd (Metro)
*Within a 4km radius
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  Elders Real Estate Launceston
Elders Real Estate Launceston
54 Cameron Street
Launceston, TAS 7250

Property Highlights

Date Sold27 Feb 2020
Floor Area77 m²
Land Area77 m²
ParkingAsk Agent
Property ID2016079661
Category
Last updated  27 Feb 2020

Co-Agents

David Webster
David Webster
Elders Real Estate Launceston
Call
0419 516 629
Rodney Rawlings
Rodney Rawlings
Elders Real Estate Launceston
Call
0419 323 626

More about 83 York Street Launceston TAS 7250

83 York Street Launceston TAS 7250 is categorized as Shop & Retail Property. It has a floor area of 77 m² and a land area of 77 m². The listing ID for this property is 2016079661.

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