28 Garfield Street,
South Launceston, TAS 7249

Ideally located within walking distance to the CBD, this great property offers a front fully rendered, modern home converted into offices featuring large, low-maintenance aluminium windows attracting plenty of light, functional layout and full kitchen. With lovely street appeal and offering vertical blinds throughout plus heatpump, this building could easily be converted back to a 3 bedroom house. At the rear there is a large warehouse and office complex (the warehouse is 100m2 approx) complete with plenty of off-street parking. Housing two long-term leaseholders, the same tenants have occupied the front building for 10 years and the rear tenants are on a 3 year lease with a 3 year option. Both properties are low-maintenance with a relatively recent fit-out and the property has the potential to be strata-titled (STCA). Offering a good return of approx. 7.5% this property offers an excellent opportunity. Call me today for more information and to arrange your viewing.