Entire property/115 St John Street Launceston TAS 7250

Elders Commercial has the exclusive opportunity to offer for sale 115-117 St John Street and 108-110 York Street, Launceston, Tasmania.

The property is situated on one of the CBD's busiest intersections, benefiting from outstanding exposure to passing vehicles and pedestrians.

Key Property Features:
+ Leased to franchisees of INTERSPORT, part of the world's largest sporting retail group. With over 70 stores across Australia
+ One of Launceston's highest exposed corner sites in the CBD
+ Trophy CBD asset in the Launceston CBD
+ Substantial lettable area of 1,291 sqm* across two levels
+ Recent extensive tenant refurbishment completed in 2024
+ Secure lease to 2031 with options until 2038
+ Unexpired lease term (WALE) of 5.60 years*
+ Net Income of $278,792 per annum*

Please contact David Webster, Cale Ayres or Rodney Rawlings for more information or to arrange an inspection.

*Approx