105a-109 St John Street,
Launceston, TAS 7250
Shops & Retail
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SOLD in two weeks with multiple offers!
With 2 excellent tenants and premium quality fitouts, this central CBD property comprises 2 levels and has parking at the rear. Well located amongst other strong brands such as Hudson's Coffee, Terry White Chemist, Noni-B and Radio Rentals.
The ground floor tenant is a franchise style sandwich bar with locations in Launceston and Hobart and current National expansion plans. The tenant has a secure 5 year lease + 5 year option to 2023 and rental of $51 173 + Outgoings + GST.
The first floor tenant, a premium Aveda Salon/Day Spa has been in situ since 2004 with a current lease term expiry of May 2017. Rental for this tenancy is $34,123 pa + Outgoings + GST. The Salon was upgraded and extended to include the Day Spa in 2007.
FOR SALE:$1.05M with a total property net income of $85 296 pa + GST.
For further details please contact Blake Shepherd.
The ground floor tenant is a franchise style sandwich bar with locations in Launceston and Hobart and current National expansion plans. The tenant has a secure 5 year lease + 5 year option to 2023 and rental of $51 173 + Outgoings + GST.
The first floor tenant, a premium Aveda Salon/Day Spa has been in situ since 2004 with a current lease term expiry of May 2017. Rental for this tenancy is $34,123 pa + Outgoings + GST. The Salon was upgraded and extended to include the Day Spa in 2007.
FOR SALE:$1.05M with a total property net income of $85 296 pa + GST.
For further details please contact Blake Shepherd.
Property ID: 501295951Last Updated: 16 Jan 2015
04178208...
105a-109 St John Street
Launceston, TAS 7250
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