140 Westbury Road represents a smart investment in today's commercial market with its three tenancies (all under lease), the 'anchor' tenant being a local independent grocery operator. The property is extremely well located along a major traffic route in Launceston's growth suburb of Prospect, an area that always appeals to tenants.

Parking is excellent on the 2153 sq metre site with 27 marked and 2 unmarked spaces; another feature is the option to add a second level to the existing building (s.t.c.a), perhaps apartments to capitalize on the sweeping city views.

Net income is approx $72,655 pa. (from November) providing the prudent investor with a healthy return of +10% - the vendor is committed to sell and will consider reasonable offers.

For a full property report please call Blake Shepherd on 0417 820 8...