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Launceston, Lot 3, 125 St John Street

Fully Tenanted CBD Investment

$420,000 Plus GST (if any)

Listing Number: TNT0665
About this listing
Prime opportunity to get in to the commercial property market or expand your portfolio in the Launceston CBD - a solid fully tenanted offering with three individual tenants spreading your investment risk. This property presents very well and is located just one block from the Launceston mall in 'Powell's Arcade'. Tenants include TOLL Transport, Mobile Mania and Adore Massage. In the current market fully tenanted properties like this under $500k are not hanging around for long - put this one in the portfolio before someone else does!

-Net rental of $27,777.24

-Total building / land size of 76.3m2 approx.

-NBN connected to each tenancy

-Solid lease terms

-Tenants pay all outgoings

-Great position one block from the Launceston Mall

-Potential to also purchase Lot 2 (existing tenant Sharee Marshall Fashion)

For more information please contact Nick Oliver of NAI Harcourts North. 'Commercial Real Estate Services, Worldwide.'
Property Information
  • Floor Area: 76.3 sqm
  • Land Size: 76.3 sqm
  • Property Type: Office, Retail

Contact Details

NAI Harcourts North

114 George Street
Office website

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