Redevelopment or Use - As Is Factory facility with adjoining warehouse. An ideal opportunity to run your own business & receive income from the basement or separate warehouse facility (approx. 459m2). Alternatively redevelop the main building for investment income. Land area 6,359m2 with approximately 1,865m2 of Factory area plus offices and lower basement area.
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...
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...
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)
FREE HOLD PETROL STATION Located on a main street in the popular suburb of Ravenswood and with an ongoing tenant in place this is fantastic chance to enter a section of the market usually controlled by the large players.
This site is 1217m2 and could offer additional expansion possibilities (STCA).
Call now for further details as our owner wants to diversify his portfolio and has priced this to clear.
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)
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...
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.
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...
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
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
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.
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.
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...
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...
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...
"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...
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.
CBD Commercial Investment Property Fully let and with great frontage onto George Street in the CBD this property comprises both a leased ground floor retail tenancy and a leased first floor tenancy currently utilised as office space. Each floor is air-conditioned and separately accessed off George Street. Currently retuning a rental net of outgoings and GST of approx. $31,800 this is a great chance to secure a central, affordable commercial investment property.
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...
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.
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
Excited About Elizabeth Located on Elizabeth Street Launceston, this multi use tenancy presents an opportunity to have a place for your business or commercial tenant and get involved in a developing inner city precinct. Zoned "Urban Mixed Use" under the Launceston Interim Planning Scheme 2015, the building has been recently painted externally and is located in the centre of the strip. Upstairs contains a two bedroom flat that is rented until 2017 and there is a vacant one bedroom studio with car space at the rear of the building. On ground floor, the commercial tenancy comprises three rooms having potential to be oc...
CBD Office Space - Suits Investor or Owner Occupier Available for sale is the strata titled first floor of this prominently located multi-storey building fronting busy York Street. Currently occupied by the Department of Health and Human Services on a monthly tenancy, they vacate 30th June 2015. The floor is accessed by stair and lift and has a foyer from the lift to the strata lot. Floorcoverings are carpet and lighting is provided by down lights, the offices are well proportioned and there is a large meeting room along with a cleaners room and amenities. The floor is airconditioned and has good natural light. The current gross annual re...
Affordable Ground Floor CBD Investment Property Prominently located fronting York Street and with a 'Central Business Zoning' the ground floor is accessed by auto pedestrian doors into a tiled entrance with feature walls. Off the common entrance foyer there are two tenancies, both are air-conditioned, the first a retail tenancy trading as a 'Foot Care Shoe Centre' and the second an office occupied by WFI an insurance provider. Foot Care Shoe Centre have over 3 years remaining on their current term with a further 5 year option while WFI are currently on a monthly tenancy. Both have each been tenants of the property for in excess of 5 years....
"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...
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...
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