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Shepherd & Heap Pty Ltd - LAUNCESTON

25 Shamrock Street Launceston, TAS 7250

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25 Shamrock Street,
Launceston, TAS 7250

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Shepherd & Heap Pty Ltd - LAUNCESTON
Marcus Douglas

Shepherd & Heap Pty Ltd - LAUNCESTON

49 Cameron Street
LAUNCESTON, TAS 7250
04298208...
Shepherd & Heap Pty Ltd - LAUNCESTON
25 Shamrock Street
Launceston, TAS 7250

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Quality Freehold Investment With Secure Long Term Lease Covenant

A well-positioned site offering a stable return on investment, initially established in 1998 to cater for the increasingly strong demand for learn to swim in Launceston. The business has enjoyed a steady income for many years now and will do so for many years to come in this growing service industry.

- Bolstered by a New 5 + 5 Year Lease up to 4 July 2031
- $80,000 Net Rent pa plus outgoings, outgoings fully recovered by tenant
- The business success reflected with consistency in high numbers of students on the wait list, over 1000 users per week
- One of Launceston's leading learn to swim facilities
- Superior locale with excellent onsite customer parking
- Scope to repurpose / expand the site long term if required

Constructed to the highest standard with extensive planning to ensure the building was of a very high quality and fit for purpose which could still be easily adapted for other applications in the future. Architecturally designed benefiting from full natural light to complement the northerly aspect and comfort for staff and clients alike.

For further details contact Marcus Douglas.

Property ID: 503923750Last Updated: 5 Jan 2022

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