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3/32 Elouera Street, Riverside, Tas 7250

3/32 Elouera Street, Riverside, Tas 7250

Offices

  • For Sale
  • For Sale by Offers Over $695,000
  • For Sale
  • Under Contract

  • Land Area
  • 937.00 m² (approx)
  • Floor Area
  • 215 m²
  • Building
  • Whole
  • Last Updated
  • Apr 13, 2021
  • Car Spaces
  • 6
  • Zoning
  • 'General Residential'

Interested in this property? Contact an Agent today

Shepherd & Heap Pty Ltd - LAUNCESTON

49 Cameron Street

Launceston Tas 7250

Ian Singline

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

3/32 Elouera Street, Riverside, Tas 7250

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