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168 Brisbane Street Launceston, TAS 7250

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168 Brisbane Street,
Launceston, TAS 7250

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Multi Tenancy Investment - Prime Brisbane Street Locale

A strategic location next to Target and Council Carpark, opposite Village Cinemas and KFC, spread your investment risk here - 5 tenancies with staggered lease expiry dates.
Circa 400m2 building area occupying 365m2 approx. land holding with an immense frontage of 50m to Cuisine Lane.

The five laneway retail tenancies are fully occupied by 3 tenants and provide significant upside for first floor development or indeed strata title (stca). he Brisbane St frontage retail tenancy has been a confectionery store for 20+ years, the current tenant is partway through a new 5 year lease with option to 2026.

Total current net rental: $80,746

For further details contact Blake Shepherd

Property ID: 502602530Last Updated: 22 Jan 2018

04178208...
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168 Brisbane Street
Launceston, TAS 7250
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