Invest in Launceston Commercial Yorktown Square has been a well frequented commercial/retail district for many years. Its unique setting, easy parking and central location has meant that it has been a strong location for successful businesses.
Unit 33 is currently fully leased through to 2019 with further options and returning approx 9% return on investment.
The property features:
- only cafe in York Town Square
- Inside and out side dining
- Split level giving good floor space
- Fully fitted commercial kitchen
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
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...
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...
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...
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...
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...
A Commercial Opportunity in Launceston's Exclusive Residential Suburb Constructed in 2008, the following development is strategically located in East Launceston, servicing the desirable residential area.
The property provides 3 retail premises and 2 residential units designed and built to allow strata titling.
The shops are centred around an attractive courtyard area with the flats located on the upper level.
Currently returning approx. $108,000 per annum with the original Tenants mix still operating.
Albertos An Iconic Address For 33 years Alberto has been making Launcestonians look good from this address but it is time to hang up his scissors. This well known property offers a unique city address for the investor or owner occupier.
- Zoned Central Business
- Access to lane-way is on title
- Excellent foot traffic
- Wonderful character features
- Huge potential to develop 1st floor (STCA)
Immaculately Presented, Centrally Located and Versatile Centrally located, beautifully appointed, air-conditioned and with great natural light this CBD property offers great scope to a purchaser. Located within York Town Square it has excellent frontage, parking immediately available and offers all the benefits of a central Launceston location without the price tag. Total strata tile area is 93m2 and the floor area is 92m2. Here is a chance to secure a property that offers a range of opportunities and is ready to go straight away.
Subsidiary of Emirates Group - Longstanding Tenant 10+ Years Secure 7 year lease to March 2022 plus options to 2032. Hudsons Coffee: A wholly owned subsidiary of Emirates Group, Dubai Government owned with annual turnover US$18.4 Billion. Annual CPI (max 4%) reviews with market review upside. Tenant pays all usual outgoings including single holding land tax. Substantial retail shop of 230 sqm with recent major fit out upgrades in 2015 providing depreciation benefits. Single tenant minimum management investment. Launceston: Tasmania's largest northern city with a growing trade catchment over 140,000 people. Rent: $61,088 pa.
Prime Tenanted CBD Location Fully leased investment with long standing business, Mountain Designs as tenant (in occupation for over 11 years). Prime approximately 300m2 landholding fronting both Charles Street and the Kingsway. Excellent retail location within Launcestons CBD, near the Brisbane Street Mall and many well known retailers. Attractive and well maintained building comprising 2 levels, excellent retail frontage onto Charles Street and roller door and pedestrian access off the Kingsway. Opportunity exists for development of the first floor (STCA) going forward. It offers excellent views both to the east and we...
Blue Chip CBD Investment - Stamped with Quality Secure 5 5 year lease to Australia Post
Second AAA occupant - Hudsons Coffee on Sub Lease.
Quality ground floor stratum – building area 508m2*,15 metre* retail frontage.
Substantial shopfront with popular al fresco dining area in the heart of Launceston CBD.
Amongst premium retailers in tightly held precinct
Current Net Rent $111,000pa
Interstate bidding available by prior arrangement
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 53
11.00am AEST Wednesday
23 June 2010
River Room, Crown Casino Melbourne
For information on other investment opportuniti...
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).
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'...
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...
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...
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.
Profile = Free Advertising The Vendors reluctantly offer For Sale this high profile commercial property to finalise an Estate. The property is offered Vacant Possession, however they can consider a leaseback arrangement.
An elevated block of 2,956m2 with frontage to Hobart Road of 68m on one of Launceston's busiest intersections.
The building is very well appointed with offices, showroom and a warehouse with 4 roller doors and unencumbered floor area.
Total building area approx. 690m2.
Land area: 2,956m2, Zoned: "General Business"
For Sale by Expression of Interest closing 22 July 2014.
Waterfront, "Commercial" Opportunity - Seaport The opportunity has arisen to acquire a "commercial" freehold strata fronting Seaport boardwalk, overlooking the Seaport marina and North Esk river basin.
First time offered For Sale in 10 years this property is located at the hub of the precinct amongst leading restaurants and Peppers Hotel.
Property provides a floor area of 130m2 (approx.) plus has rights to "al-fresco" area on the boardwalk, and has been used as a restaurant prior to now, with some infrastructure remaining.
Fully Leased Retail/Office Investment Fully leased investment with excellent tenancy history with tenants including Skilled Group (ASX Listed), Air Liquide Healthcare (French multinational), BFA Finance and JMG Engineers & Planners. Prime 1,149 sqm landholding with 17 metre retail frontage. Strategic retail/office location within central Launceston. Attractive and well maintained 1,381 sqm building comprising 3 retail shops/office, first floor offices and 18 car spaces on title. Launceston: Tasmania's second largest city with a northern trade catchment of 140,000 people. Rent: $131,051 pa (estimated as at March 2016 CPI rent revi...
Impeccably presented Retail Complex. 100% leased to Multinational & ASX listed tenants. Fully leased with net leases to four high profile national and multinational tenants. WALE of 7 years. Outstanding tenant mix including Super Cheap Auto, Rabobank, Beacon Lighting and Ray's Outdoors. 69% of the net income is underwritten by ASX listed Super Retail Group Limited. Attractive annual income growth via 3.5% rent reviews (Rabobank CPI). Prominent site with three street frontges in strategically accessible CBD location. Strong bulky goods precinct opposite Spotlight, Anaconda and in close proximity to Harvey Norman plus new Bunnings and Officeworks nearby. On title parking for 59 ...
Major Distribution Warehouse - Northern Tas Arguably one of the biggest warehousing facilities in Northern Tasmania, this particular property has most, if not all, of the spatial requirements for continuity of use.
The property has been occupied by the Vendor since construction and the Vendor has extended the property, over that time, to accommodate business growth.
The condition of the property reflects the meticulous, maintenance and upkeep regime effected by Owner, Statewide Independent Wholesalers Limited, and the move from the facility is purely because it has been outgrown.
The land holding, subject to a proposed subdivision, ...
City Retail/Office - with Parking This versatile and prominent York Street property provides approx. 150m2 of ground floor retail space, or could certainly suit as professional offices or service centre.
The property is available "vacant possession" from end of September 2012. Accommodation is enhanced by a fully self-contained first floor flat which has just undergone a complete re-build and re-fit and provides two bedrooms.
The property holding also includes a side alley which allows for "end to end" parking for up to three vehicles.
A versatile property with high exposure to busy York Street, ideal for an owner occupie...