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289 Wellington Street Launceston, TAS 7250

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289 Wellington Street,
Launceston, TAS 7250

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Substantial Wellington Street property currently let to State Government on a monthly tenancy basis. Current passing income of approximately $120,000 p.a.

An opportunity to acquire and occupy, or re-develop.
On two titles, which combined, gives control of some 2500sqm of prized commercial land, with improvements consisting of a major, two floors, office building, together with ancillary buildings such as the rear workshop.
Vast on-site car parking and the high exposure corner site, make this property a valuable asset with identifiable opportunities to hold, use or re-develop.

- 33 metre frontage to Wellington Street
- 50 metre frontage to Garfield Street
- Statistics indicate passing traffic excess 23,000 vehicles daily
- Sale at offers over $1.5 million, plus GST

Property ID: 502438370Last Updated: 30 Apr 2024

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289 Wellington Street
Launceston, TAS 7250

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