3/32 Elouera Street,
Riverside, TAS 7250

Offices

Price information

Sold

$685,000

Key property information

Land area

Floor area

Car spaces

Property extent

Zoning

Sold on

Map of 3/32 Elouera Street

Directions

Outstanding Set & Forget Investment Opportunity - 10 plus 10 Year Lease

This high profile commercial office property located within the popular Tailrace Centre has West Tamar Highway frontage and is only 5 minutes from Launceston's CBD. Underpinned by a secure and rare 10 + 10 year lease from May 2017 with guarantee from New Directions Community Church Inc.

Currently configured into 9 well appointed individual offices, most of which are sublet to like minded businesses in the strong health and welfare sector spreading investment risk.

• Long 10 + 10 year Lease from May 2017
• Solid brick construction
• 215m2 building area
• Large 937m2 title area
• 65 bay car park (common property)
• Current net rental $54,433 per annum

Excellent parking on title with the added bonus of a huge 65 bay car park that adjoins, which is common property.

For further details contact Blake Shepherd or Ian Singline

Property ID: 503757990Last Updated: 3 Jun 2021

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