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Shepherd & Heap Pty Ltd - LAUNCESTON

18-20 Paterson Street Launceston, TAS 7250

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18-20 Paterson Street,
Launceston, TAS 7250

Offices

Price information

Sold

$2,205,000

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Land area

Floor area

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Shepherd & Heap Pty Ltd - LAUNCESTON
Joel Harwood
Blake Shepherd

Shepherd & Heap Pty Ltd - LAUNCESTON

49 Cameron Street
LAUNCESTON, TAS 7250
Shepherd & Heap Pty Ltd - LAUNCESTON
18-20 Paterson Street
Launceston, TAS 7250

Map of 18-20 Paterson Street

Directions

CBD Office Investment - 2 Tenants to Spread Risk

Extremely well located on the Paterson St corridor, this high profile and commanding office building comprises a sizable ground floor tenancy of 430m2 with prized disabled access along with an additional first floor tenancy of 450m2.

- Quality tenants: CVGT Employment Services and Royal Flying Doctors
- Opportunity for future development and subdivision into additional smaller tenancies
- Rear access to Cameron Street via right of way
- Enormous building frontage of approx.18.6m
- Fixed annual increases of 3% and Market reviews at take up of option/s
- Combined annual net rental: $139,200

An outstanding opportunity for investors to secure a quality asset that is sure to provide future growth and attract strong tenants for years to come.

For further details contact Blake Shepherd or Joel Harwood.

Property ID: 504320020Last Updated: 8 Aug 2023

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