16 Charles Street,
Launceston, TAS 7250
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Sale - Expression of Interest closing Fri 28 Jun
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Elders Real Estate - Launceston
54 Cameron StreetLAUNCESTON, TAS 7250
16 Charles Street
Launceston, TAS 7250
Map of 16 Charles Street
Bus stops within 5 km of 16 Charles Street, Launceston, TAS 7250 Distance Cornwall Square 188 m Peppers 264 m The Charles 290 m Stop 1, St John St 292 m City Stop D 301 m POWERED BY HERE ©
POWERED BY HERE ©
Landmark Commercial Asset; Leased to Publicly Listed Company
- Secure long term lease
- International tenant
- Prominent public service precinct
Elders Commercial are pleased to present a landmark commercial asset supported by a strong international lease covenant.
16 Charles Street is a three-level office building on the footsteps to the Launceston CBD. The building forms part of the iconic CH Smith development site.
The property is located in a renowned public service precinct, in proximity to Launceston Town Hall, Civic Square, Police Headquarters, Law Courts, Harvey Norman, and less than 250m* from the Brisbane Street Mall.
Key property features include:
- Renewed 5-year Lease expiring 31 Dec 2028 with a further 5-year option through to 2033.
- Strong lease covenant - Nutrien Ag Solution Ltd: Nutrien Ltd (NTR.TO) is a Canadian based company with a market cap of $43.58B* AUD, traded on the New York Stock Exchange and Toronto Stock Exchange.
- The tenant pays all statutory and operating outgoings including body corporate, lift services, air conditioning, fire/maintenance etc.
- Fixed annual rental increase of 3%.
- 20 on title carparks.
- Opposite Launceston's only Harvey Norman outlet.
- Launceston: Largest city in the north of the state providing for a stable investment with upside potential.
For more information or to arrange an inspection please contact Fletcher Seymour, Rob Dixon or Charles Black.
*Approximate
16 Charles Street is a three-level office building on the footsteps to the Launceston CBD. The building forms part of the iconic CH Smith development site.
The property is located in a renowned public service precinct, in proximity to Launceston Town Hall, Civic Square, Police Headquarters, Law Courts, Harvey Norman, and less than 250m* from the Brisbane Street Mall.
Key property features include:
- Renewed 5-year Lease expiring 31 Dec 2028 with a further 5-year option through to 2033.
- Strong lease covenant - Nutrien Ag Solution Ltd: Nutrien Ltd (NTR.TO) is a Canadian based company with a market cap of $43.58B* AUD, traded on the New York Stock Exchange and Toronto Stock Exchange.
- The tenant pays all statutory and operating outgoings including body corporate, lift services, air conditioning, fire/maintenance etc.
- Fixed annual rental increase of 3%.
- 20 on title carparks.
- Opposite Launceston's only Harvey Norman outlet.
- Launceston: Largest city in the north of the state providing for a stable investment with upside potential.
For more information or to arrange an inspection please contact Fletcher Seymour, Rob Dixon or Charles Black.
*Approximate
Property ID: 504607796Last Updated: 24 Jun 2024
Elders Real Estate - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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