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67 George Street, Launceston, Tas 7250

67 George Street, Launceston, Tas 7250

Retail Medical/Consulting Offices

  • For Sale
  • Offers invited over $690,000
  • For Sale
  • Under Contract

  • Land Area
  • 134.00 m² (approx)
  • Floor Area
  • 216 m²
  • Last Updated
  • Jun 22, 2021
  • Zoning
  • Central Business (22.0)

Additional Details

Interested in this property? Contact an Agent today

Howell Property Group

Suite 2, Level 1, 178 Charles Street

Launceston Tas 7250

Tenanted CBD Investment

Are you in the market for a set and forget commercial investment? If the answer is yes, 67 George Street is a property that you should be looking at! The sub $1m investment market in Launceston right now is red hot, this is an opportunity not to be missed.

Situated just over a block from the Brisbane Street Mall in a high foot traffic area, 67 George Street is a valuable asset to the tenants that call it home. Both tenants have new long-term leases in place and both also have high quality fit outs that are less than twelve months old.

Multi tenanted properties with strong long-term tenants in the CBD are becoming increasingly hard to find. If you are looking for a commercial investment in the Launceston CBD, this one ticks all the boxes!

Features include:

-Fully tenanted investment with long term leases in place
-Grain Grocer: 3 Years with 2 x 3 year options
-Ujjayi Yoga: 4 Years with 1 x 4 year option
-Current net annual rent $45,327.27 ex GST
-Prominent high traffic position on George Street
-Building: 216m2 approx. across two floors
-Zoning ‘Central Business’ (22.0)
-Both tenants have new high quality fit outs

67 George Street, Launceston, Tas 7250

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