124 Charles Street,
Launceston, TAS 7250
Shops & Retail
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Map of 124 Charles Street
Rare CBD Multi Tenanted Investment Property Strata Development Upside and Huge Growth Potential
4 Commercial Tenancies Exposed to Three Street Fronts
This superb property occupies arguably one of the highest profile corners leading to Launceston's strongest retail strip as well as featuring an enormous 44m frontage to York Street, all the way to the Kingsway corner.
Constructed as 7 commercial shops, the property is currently fully let as 4 tenancies, Cold Rock, Up York Cafe, Hari's Curry and Seagrass Design.
Cold Rock - 76 stores nationally, recently renewed 5 year lease term
Prominent street frontage to 3 streets totalling 58m
Strong commercial tenancy profile focused on the flourishing hospitality sector
Fully leased to multiple tenants spreading risk
Vibrant locale with immense exposure to 3 lanes of passing traffic
$75,000 net rental approximately
An outstanding opportunity to acquire this high profile asset offering strong rental growth potential along with ability for future first floor development (STCA) or indeed strata to individual lots.
For further details contact Blake Shepherd
This superb property occupies arguably one of the highest profile corners leading to Launceston's strongest retail strip as well as featuring an enormous 44m frontage to York Street, all the way to the Kingsway corner.
Constructed as 7 commercial shops, the property is currently fully let as 4 tenancies, Cold Rock, Up York Cafe, Hari's Curry and Seagrass Design.
Cold Rock - 76 stores nationally, recently renewed 5 year lease term
Prominent street frontage to 3 streets totalling 58m
Strong commercial tenancy profile focused on the flourishing hospitality sector
Fully leased to multiple tenants spreading risk
Vibrant locale with immense exposure to 3 lanes of passing traffic
$75,000 net rental approximately
An outstanding opportunity to acquire this high profile asset offering strong rental growth potential along with ability for future first floor development (STCA) or indeed strata to individual lots.
For further details contact Blake Shepherd
Property ID: 503070614Last Updated: 19 Feb 2021
04178208...
124 Charles Street
Launceston, TAS 7250
Shepherd & Heap Pty Ltd - LAUNCESTON49 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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