![Shepherd & Heap Pty Ltd - LAUNCESTON](https://i1.au.reastatic.net/170x46-fit/be4440a509e43171724c3b74c1d067134ea5b18fb170fe2db171aa1ce18f5a0f/large_commercial.jpg)
157 Brisbane Street,
Launceston, TAS 7250
Shops & Retail
Price information
Sold
$910,000
Key property information
Land area
Floor area
Property extent
Zoning
Sold on
Map of 157 Brisbane Street
Prime 'Two In One' CBD Investment Offering - 10+5/ 5 + 5 Year Leases up to 2034/2029
A superb investment offering, two securely leased retail shops in Brisbane Street, Launceston's premier retail strip and less than 100 metres from The Mall. Within a strong business locale and high footfall area the offering is in the best of company with Village Cinemas next door plus Target, KFC, Country Road, ZAP Fitness and Michael Hill Jewellers all surrounding the property.
Investment features include:
• New leases from 2019 - Aussie Convenience 10 + 5 years and Case by Case 5 + 5 years
• Bank guarantee/security bond in place on each tenancy
• Net lease structures with tenants paying statutory outgoings including Council rates and Land Tax
• Compounding 3% and 3.5% rent increases
• Modern shopfront style tenancies, self contained and excellent presentation
• 175 sq. metre building area
• $57,312pa current net income
One of the best commercial investment opportunities currently in the local marketplace, certainly one to consider.
For further details call Ian Singline
Investment features include:
• New leases from 2019 - Aussie Convenience 10 + 5 years and Case by Case 5 + 5 years
• Bank guarantee/security bond in place on each tenancy
• Net lease structures with tenants paying statutory outgoings including Council rates and Land Tax
• Compounding 3% and 3.5% rent increases
• Modern shopfront style tenancies, self contained and excellent presentation
• 175 sq. metre building area
• $57,312pa current net income
One of the best commercial investment opportunities currently in the local marketplace, certainly one to consider.
For further details call Ian Singline
Property ID: 503774986Last Updated: 3 Jun 2021
Shepherd & Heap Pty Ltd - LAUNCESTON
49 Cameron StreetLAUNCESTON, TAS 7250
04198208...![Shepherd & Heap Pty Ltd - LAUNCESTON](https://i1.au.reastatic.net/170x46-fit/be4440a509e43171724c3b74c1d067134ea5b18fb170fe2db171aa1ce18f5a0f/large_commercial.jpg)
![Shepherd & Heap Pty Ltd - LAUNCESTON](https://i1.au.reastatic.net/170x46-fit/be4440a509e43171724c3b74c1d067134ea5b18fb170fe2db171aa1ce18f5a0f/large_commercial.jpg)
157 Brisbane Street
Launceston, TAS 7250
Shepherd & Heap Pty Ltd - LAUNCESTON49 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Shepherd & Heap Pty Ltd - LAUNCESTON
Other properties you might be interested in based on the location and property type you are looking at.
![62 Brisbane Street Launceston TAS 7250 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/12e3a96986da2f9b084ba0d7a55ff186e0345757c07a0bf21d1f580c7ad7f3e0/image0.jpg)
![Repco, 3/6 Innes Street Launceston TAS 7250 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/04a47a7b4ba988fa708ed6d9c42f127b3c230fd0bfe40d3ce9e10daea699ce5b/image0.jpg)
![91 York Street Launceston TAS 7250 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/b37c0b14ed71ca205eccf1511cfe7d8a4d17849d107c4a1c3426080169a0fe6a/image0.jpg)