1/116 St John Street,
Launceston, TAS 7250

This high profile building in sought after St John Street is a rare chance to purchase quality commercial real estate with the commodity of 6 car parking spaces (2 currently leased). 1/116 St John Street offers approximately 120m2 in a single story building, positioned on 245m2 land with 6 car parking spaces located at the rear of the property. Currently tenanted, the building will be vacated in November with 2 car parking spaces to remain under lease. With commanding street presence and a heritage listed façade, the property lends itself to retail or office space with easy access from the front, side and rear of the building. Ideally positioned for an existing business to secure the site and the location bodes well for potential capital growth with investors having the opportunity to establish a return suited to their needs with a new tenant by November.