Outstanding Set & Forget Investment Opportunity - 10 plus 10 Year Lease
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
Map for Lot 3/32 Elouera Street Riverside TAS 7250
Map for Lot 3/32 Elouera Street Riverside TAS 7250
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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