341 Wellington Street,
Launceston, TAS 7250
Shops & Retail • Hotel, Motel & Leisure
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ENTRY LEVEL INVESTMENT - 10% YIELD - TWO SHOPS,BOTH LEASED - CAR PARK ALONGSIDE
This pair of shops is strategically located on busy Wellington Street opposite Glen Dhu primary school and just before the Westbury Road intersection. Serving local and passing trade, the shops are leased separately on 5 year leases, one for a laundromat and the other a takeaway cafe. The current net rent is approx $28,239 p.a with the main outgoings paid/reimbursed by the tenants. Presents as an excellent investment for first time investor offering above average return of almost 10%.
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Property ID: 501014223Last Updated: 28 Aug 2014
04198208...
341 Wellington Street
Launceston, TAS 7250
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