Another one SOLD by Knight Frank An opportunity to display your product or service to one of Launceston's highest volume traffic flows.
Fronting Westbury Road in Prospect and situated opposite the commercial hub created by Old Tudor retail complex, this professionally presented showroom facility, must be considered as a lucrative business location.
Expect the benefits to flow from the advantages.
• Merchandising area of 300 sqm
• Valuable, on-site customer parking and hard stand
• High impact main road exposure
• Secure, lock-up storage areas
• 5 mins to central Launceston
• Easy access to highways
Secure Lease to Subsidiary of ASX Top 20 Company Secure 10 year lease to 2023 plus option to 2028 Thrifty: wholly owned by Insurance Australia Group (IAG) Limited (ASX Top 20 company) Tenant pays usual outgoings/annual rent reviews Modern (2013) 335 sqm facility servicing Thrifty’s Launceston Airport operations including vehicle detailing, administration etc Prominent 4,055 sqm site with high profile dual frontage over 135 metres Easily managed single tenant investment Launceston: Tasmania’s largest northern city with a catchment population of approximately 130,000 Rent: $79,812 pa (June 2017)
Irreplaceable CBD Trophy Freehold - Fully Occupied Fully occupied building the iconic ‘Holyman House’ with major tenants including Hello World Travel and Newsagency Excellent occupancy history with several longstanding tenants Magnificent Art Deco building totalling 2,300 sqm over 5 levels High profile CBD site of 541 sqm with extensive 40 metre dual retail frontage Potential for future redevelopment and/or subdivision STCA Impressive rooftop area with incredible 360 degree views of the city Rental levels below market – Average $99 per sqm Landmark location within Launceston’s thriving retail heart amongst numerous national retailers Rent: $2...
Chemist Warehouse - High Profile Investment Opportunity Chemist Warehouse, Australia’s largest pharmacy chain with approximately 300 stores New outlet on full term lease + options to 2030 with fixed 3% pa increases Smaller second tenancy to JBC Sports Power on a 14 year lease including options to 2025 with annual CPI reviews Well maintained and updated 876 sqm building with rear access Major arterial corridor and strong inner city business locale with Coles, Fantastic Furniture, Godfreys, Woolworths, Bursons, BWS etc Launceston: important regional city with a catchment population of approximately 130,000 Rent: $71,955 pa
Secure Lease to National Tenant Secure 5 year lease to March 2020 plus option through to 2025 BSG Australia: 35 year old business employing 100+ staff across Australia Annual rent reviews Tenants pays all usual outgoings including Land Tax Impressive stand alone 855 sqm building with 12 designated car spaces Excellent income saving depreciation benefits Single tenant, minimum management investment Strategic position just off Launceston CBD’s gateway ‘Golden Mile’ amongst Reece Plumbing, PPG Paints, BOC Gas, Beaumont Tiles and others Rent: $92,994 pa
Auction 11am AEST Wednesday 5 April 2017 River Room, Crown Casino, Melbour...
Quality CBD Retail Asset - Brand New 5 Year Lease Brand new 5 year lease to March 2022 plus options to March 2032 Games World: Australia’s largest range of Jigsaws, Die-cast and games, now with 17 stores nationally Fixed 3% annual rent increases Substantial retail shop of 261 sqm with brand new fit-out and 8.4 metre retail frontage and rear lane access via Dell Lane Prime position within Launceston’s retail heart next to thriving Hudsons Coffee and in close proximity to Radio Rentals, Suzanne Grae and metres to busy Launceston Mall Launceston: Tasmania’s largest northern city with a growing trade catchment over 140,000 people Rent: $67,000 p...
Highly Sought After Medical Centre Investment Securely leased to Maven Dental (85 practices nationally) and TasPrac Services (non-profit organisation operating 2 medical centres) Attractive lease terms with tenants paying all usual outgoings including Land Tax Impressive 510 sqm building with 13 car spaces on title plus an additional 11 parking spaces on licence Large site over 778 sqm with extensive 30 metre road frontage - 12,000 vehicles passing daily Excellent income saving depreciation benefits Strategic position on Launceston CBD’s gateway ‘Golden Mile’ amongst Australia Post, IGA and other complementary retailers Rent: $137,918 pa...
Secure Lease to Wholly Owned Subsidiary of NRMA, Strategic Airport Location Prominently located on the corner of Hudson Fysh Drive and Evandale Road at the roundabout that forms the passenger entrance to Launceston Airport Secure 10 year lease to June 2023 plus 5 year option to 2028 Thrifty: wholly owned by NRMA: Australias largest member organisation. Tenant pays usual outgoings / annual rent reviews Modern (2013) facility servicing Thriftys Launceston Airport operations including vehicle detailing, administration etc Prominent 4,055sqm site with high profile dual frontage over 135 metres Easily managed single tenant investment Rent: $79,812 pa (as at June 2017 - as...
MAJOR HOTEL & BOTTLESHOP PORTFOLIO ALSO INCLUDES COMMECIAL & RESIDENTAIL PROPERTIES
Knight Frank are privileged to offer for sale a number of freehold and leasehold properties which include the leasehold of the Kings Meadows Hotel, TRC Complex (TRC Hotel; TRC Service Station & Convenience Store; two investment properties; 16 & 18 Margaret Street; 264, 268, 270 and 272 Brisbane Street), which can be purchased individually, in groups, or the entire portfolio in one line.
The offerings also includes 4 leasehold bottleshops (Liquor Stax Mowbray, Liquor Stax Riverside, Liquor Stax Gunners Arms & Liquor Stax All Year Round).
Penny Royal Hotel and Apartments This iconic Tasmanian complex includes 33 motel units, 39 apartments, tavern with restaurant and bar (monthly tenancy), retail shop (monthly tenancy), reception, offices, workshops, storerooms, its own windmill, the Penny Royal Gunpowder Mill (closed) and plenty of on site sealed parking (part leased) all on 1.87 hectares containing 7 titles.
Great location close to the Launceston CBD, overlooking the Tamar River and at the gateway to the famous Cataract Gorge.
Trading figures show a consistency of accommodation revenue around $2 million per annum, with significant upside opportunities from...
Batman Fawkner Inn This large imposing property is one of Australia's oldest and most historic hotels having been built in 1822 and was the founding place for the city of Melbourne. It is classified by the National Trust of Australia and listed on the Tasmanian Heritage Register.
The hotel is located in the Launceston CBD adjacent to the Grand Chancellor Inn and the York Town Shopping Square.
The hotel is on 3 levels and contains a reception and office, large public bar, cocktail bar (leased out), huge function, dining and entertainment lounge on 4 split levels, commercial kitchen, 37 ensuite rooms, guests'...
Centennial Hotel - MUST BE SOLD! This high profile hotel first opened its doors in 1888 and is one of Launceston's most renowned establishments. The business made a name for itself as a family hotel featuring high quality meals in a friendly and relaxed atmosphere.
Includes a public bar, dining room in 2 sections, entrance foyer and reception, commercial kitchen, walk-in bottleshop, manager's residence, 10 ensuite rooms, basement and car park.
Walking through the doors is like taking a step back in time. The cosy dining space has a 'Lodge' feel with old prints framed on the walls, timber settings and pendant lights creat...
Large Block of Potential Re-development Land - Situated on St Leonards Road, in an area which has been identified by Key National Tenants as a strategically important location for transport and logistics. St Leonards commercial/industrial landscape is changing as a result of this; with Australia Post now located in the immediate area.
- Comprising 12.89 hectares, this presents a great opportunity for a “land bank” or development opportunity.
- Currently zoned “Rural Resource” the land present multiple opportunities.
- The property is For Sale at Offers Over $515,000 + GST.
Four Tenancy Warehouse Exciting opportunity to purchase versatile and flexible warehouse in Launceston’s premier light industrial suburb of St Leonards. Designed to have four separate tenants with external offices to each tenancy.
• Total warehouse area of 812sqm (approx)
• Total office area of 98sqm (approx)
• Land area 2,390sqm (approx)
• Mezzanine office/boardroom 39sqm (approx)
• Offered with one tenant in place and balance vacant possession
Ideal opportunity for an astute investor or owner-occupier to enjoy income from other tenants.
5 strata titled lots "in one line" • Motivated Vendor - offers over $300,000
• Must be SOLD
• 5 strata title shops situated in Launceston’s largest suburban shopping strip next to Woolworths Supermarket and opposite Coles Meadow Mews
• Land area of 501 sqm with a Unit Entitlement of 17 out of 46 units
• Retail opportunity with existing plant & equipment and temperature controlled rooms
• Fantastic opportunity to secure a large piece of commercial real estate with numerous opportunities to create a solid return on investment
Brisbane Street Mall investment opportunity Knight Frank are privileged to offer to the market this Freehold opportunity in Launceston’s Brisbane Street Mall. The property is situated on the northern side of the Mall close to Myer, with the rear of the property fronting Dechaineux Way and a privately owned pay & display car park.
Historically Brisbane Street properties are very tightly held, and this has been held as part of the Birchalls landmark properties for a long period of time.
The property comprises a parcel of land of 412sqm in Volume 126644 Folio 1.
The majority of the ground floor is leased to Specialty Fashion Grou...
"Deacon's Corner" This character Art Deco building sits proudly on the corner of Invermay Road and Lytton Street, Invermay.
The property is situated adjoining the historic "Star Theatre" site. This property recently sold and we understand that a restoration/refurbishment of this property is proposed in the near future. Any development there will further enhance the opportunities of the subject property.
The property has been refurbishment to provide a very good standard of office accommodation on the ground floor being the home of an engineering business. The first floor was originally 2 flats with 2 sep...
Character Landmark Building ? This property provides a well recognized corner site, benefiting from traffic flow along York Street
? The property is also situated in the popular retail strip of Charles Street
? An easy to manage property with a ground floor National retail tenant. The first floor includes a separate access to allow for a separate commercial tenant or develop further into alternate use
? Building area 454sqm (approx)
? Land area 258sqm
? Circa 1920
For Sale by Expressions of Interest closing 12 July 2016 at 4pm.
Invermay Road: Multi-tenancy investment - around 9.0% Yield Incorporating two land titles and an expansive land area of approx. 2,266 sqm, this Invermay property has all the features expected of a comfortable investment vehicle.
Supporting three retail tenancies and five budget warehouses, the property, addressed as 190 Invermay Road, has an high exposure frontage to one of Launceston’s busiest thorough-fares and is valuably enhanced by plentiful, on-site parking.
The three retail tenancies, each with a floor area of some 100 sqm, are well established at the site and enjoy customer parking at the front doors.
"Shepherds Building circa 1923" • The property represents one of Launceston's finest examples of Art-Deco architecture and the renovations highlight the quality of this asset
• Shepherds Building provides a well recognised landmark on the corner of Quadrant Mall and St John Street, Launceston, only 40m from Brisbane Street Mall
• The property was renovated approx 10 years ago and received recognition from Launceston City Council for the quality of the work
• The property includes 5 ground floor retail shops, a basement area and 3 residential apartments
• The refurbishment of the residential apartments were based on a de...
Well located character building • A "mixed use" investment comprising 2 retail shops, and 2nd floor residential apartments. Plans have been drawn up to convert the 1st floor to residential use
• One shop has been occupied since 2008 when the lease commenced and is currently in holding over. This shop is returning approx. $34,000 pa plus outgoings. The other shop is vacant. The 2x 2nd floor flats return approx. $19,250 pa.
• The property comprises 2 titles and is very well located in the retail strip of Brisbane Streets "Avenue".
• An ideal investment for a self managed superannuation fund with further upsid...
Old Engineers Cottage - Gasworks • Knight Frank is offering For Sale a piece of Launceston's history known as the Old Engineers Cottage - Gasworks.
• The 1860 structure was refurbished and recognised with a Heritage award for Best Renovation 2010.
• The property is currently utilised as a residence providing 3 bedrooms and 2 bathrooms. Under the current zoning, the property can be utilised for commercial purposes including professional rooms or consulting rooms; or a mixed professional rooms/residence.
• The property can be offered For Sale walk-in, walk-out, with a car park forming part of the Strata Title.
• Well loca...
Mews Motel - "Home Away From Home" Established over 30 years, Mews Motel has a solid client base of intrastate, interstate and international guests who seek "clean, comfortable, central, affordable, no-fuss accommodation in Launceston".
The freehold and business delivers sound income stream, from its very central location and is easily operated without high staff levels.
• Six, en-suite, accommodation rooms
• Managers quarters
• Secure, on-site, parking
• No catering required
• Long established, respected business
• Central to CBD; Gorge; Tamar River
An opportunity to acquire an established guest accommodation fa...
Multi-use development opportunity Unique opportunity to purchase and further develop multiple use property in Launceston's latest growth corridor of St Leonards.
• 8 separate brick houses able to be developed and rented as residential dwellings
• Multiple temperature controlled storage areas
• Working meat processing facility with retail sales area
• Land area of 5.115 ha
• Offered Vacant Possession
St John Street Retail Landmark Knight Frank & Peter Bushby Real Estate conjunctionally offer to the market this landmark piece of Real Estate strategically positioned in the Launceston CBD.
Situated 40m from the Brisbane Street Mall, opposite the Quadrant Mall and having frontage to both St John Street and Tatler Arcade. This property is sure to benefit from plans under the Launceston City Heart project aimed at continuing to energize the Launceston CBD.
The property comprises 4 titles which are available individually or in-one-line.
Two (2) titles are subject to leases to National retailers, which are returning a...
Invest or Develop Fronting Invermay Road, at the "expansion" fringe of Mowbray's commercial precinct, this significant property currently produces a strong rental income flow together with identifiable future development value.
• Generates gross passing rent of $114,000 pa
• Zoned "Urban Mixed Use" (Launceston Planning 2015)
• Valuable land holding of 3,490 sqm*
• Gross building footprint of 1,382 sqm*
• Warehousing, offices, apartment, parking
• Major road frontage of 52 metres*
National Tenant with Double Digit Returns • New facility built for Hitachi Construction and occupied by them for servicing heavy equipment. The adjoining property is also subject to a lease to Hitachi • Workshop of approx. 525 sqm with 10 tonne gantry and 7 roller doors. The workshop has a clearance of 9.7m • Office and amenities are in very good condition being air-conditioned • Concrete aprons, bitumen car parking and hardstand display all complete this attractive package that must be sold
Character, Redevelopment, Location • Astute developers have an opportunity to purchase this unique property built in 1911 with additions in 1980 • 3 levels plus basement, as well as, vacant land suitable to develop fronting Charles Street • Situated 1 block from the Brisbane Street Mall and in the heart of the CBD • 4 Star NABERS Energy Rating • GBA approx 3,475 sqm* • Land area approx. 2,911 sqm*, zoned "Central Business" under the Interim Planning Scheme
This property has the potential to reshape the Launceston CBD. Developers will see the opportunities this property will present, m...
Prized Launceston CBD Hotel and Development Complex The offering combines an highly successful 4.5 star “boutique” hotel, together with a number of large adjoining commercial buildings identified as valuable redevelopment opportunities.
• Hotel component has 32 contemporary suites; fully licensed restaurant; commercial laundry, fully equipped gym and multi purpose conference centre
• The yet to be developed component has planning for 40 additional hotel rooms or vast potential as office, retail or residential development
• The entire complex has an abundance of car parking
• Can fully support visa applications for overseas Purchasers
Another One SOLD by Knight Frank 161 York Street is positioned immediately nearby "progress". That is, the "progress" surrounding the up-coming Woolworths Development fronting York Street and Wellington Street.
With such a development, local "vibrancy" can only be enhanced, and likely flow-on effects may make adjoining property more valuable.
161 York Street forms a realistic investment in quality and portfolio "value-adding".
Fully renovated to a high standard, the property provides a gross lettable area of approximately 200sqm (170sqm ground floor and 30sqm first floor) and is currently fully let.
Another One SOLD by Knight Frank The property provides 2 titles and is located in George Street, Launceston. Situated opposite the premier George Street dining precinct, the property is currently leased until September 2015 (Vacant Possession will be available however).
The property benefits from George Street frontage with feature Magnolia tree as its streetscape.
The tenancies have been combined to provide a single tenancy which is ideal for its current use as food, hospitality or alternatively for other retail.
Car parking is provided in Yorktown Square with good on street parking and taxi zone in the immediate vicinit...