Lot 3/32 Elouera Street Riverside TAS 7250

This high profile commercial office property located within the popular Tailrace Centre has West Tamar Highway frontage and is only 5 minutes from Launceston's CBD. Underpinned by a secure and rare 10 + 10 year lease from May 2017 with guarantee from New Directions Community Church Inc.

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

Long 10 + 10 year Lease from May 2017
Solid brick construction
215m2 building area
Large 937m2 title area
65 bay car park (common property)
Current net rental $54,433 per annum

Excellent parking on title with the added bonus of a huge 65 bay car park that adjoins, which is common property.

For further details contact Blake Shepherd or Ian Singline