Lot 3/32 Elouera Street Launceston TAS 7250

Offices
215 m²
Sold, $685,000

Outstanding Set & Forget Investment Opportunity

This high profile commercial office property located within the popular Tailrace Centra has West Tamar Highway frontage and is only 5 minutes from Launceston's CBD. Underpinned by a secure 10 year lease to local community organisation Tailrace with guarantee from New Directions Community Church Inc.

Currently configured to 9 well appointed individual offices, most of which are sublet to like minded businesses in the strong health and welfare sector spreading investment risk.

Excellent parking on title and an added bonus is the huge Tailrace Centre car park that adjoins which is common property.

Current rent is $52,000p.a

For further details contact Blake Shepherd or Ian Singline

Shepherd & Heap Estate Agents

49 Cameron Street

Launceston, TAS 7250

Property Highlights

Date Sold	1 Jun 2021
Sold Price	$685,000
Floor Area	215 m²
Land Area	937 m²
Parking	On site parking available
Property ID	2015967331
Category	Offices
Last updated	1 Jun 2021

Map for Lot 3/32 Elouera Street Launceston TAS 7250

Nearest transport* to Lot 3/32 Elouera Street Launceston TAS 7250

Bus

Elouera St Outside Tailrace Park	262 m
Stop 11, West Tamar Rd (Past Forest Rd)	320 m
No.224 West Tamar Rd	331 m
No.233 West Tamar Rd	430 m

Data source: Metro Tasmania Pty Ltd (Metro)

*Within a 4km radius

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Shepherd & Heap Estate Agents

49 Cameron Street

Launceston, TAS 7250

Property Highlights

Date Sold	1 Jun 2021
Sold Price	$685,000
Floor Area	215 m²
Land Area	937 m²
Parking	On site parking available
Property ID	2015967331
Category	Offices
Last updated	1 Jun 2021