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1/111-113 St John Street Launceston, TAS 7250

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1/111-113 St John Street,
Launceston, TAS 7250

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Quality CBD Retail Asset - Brand New 5 Year Lease - Approximate 8.8% Yield

- Brand new 5 year lease to March 2022 plus options to March 2032
- Games World: Australia's largest range of Jigsaw, Die-cast and games, now with 17 stores nationally
- Fixed 3% annual rent increases
- Substantial retail shop of 261 sqm with brand new fit-out and 8.4 metre retail frontage and rear lane access via Dell Lane
- Prime position within Launceston's retail heart next to thriving Hudsons Coffee and in close proximity to Radio Rentals, Suzanne Grae and metres to busy Launceston Mall
- Launceston: Tasmania's largest northern city with a growing trade catchment over $140,000 people
- Rent: $67,000 pa

For further details contact Ian Singline.

Property ID: 502453914Last Updated: 22 Feb 2021

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1/111-113 St John Street
Launceston, TAS 7250

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