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Elders Real Estate - Launceston

39-41 Alexander Street and 54-56 Mount Street Burnie, TAS 7320

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39-41 Alexander Street and 54-56 Mount Street,
Burnie, TAS 7320

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Elders Real Estate - Launceston
Nicholas Bond
David Webster

Elders Real Estate - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Elders Real Estate - Launceston
39-41 Alexander Street and 54-56 Mount Street
Burnie, TAS 7320

Map of 39-41 Alexander Street and 54-56 Mount Street

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Elders cangratulates Arcana Capital on the acquisition of this gerational Tasmanian asset

  • Multi tenanted, dual property investment
  • Federal and State Gov tenants
  • Over 50 car-parks
In combination, 54-56 Mount Street and 39-41 Alexander Street, Burnie located at the commercial, retail, industrial and administrative centre of Tasmania's North West Coast, provides an increasingly rare opportunity to acquire a sound freehold investment.

Expanding over 4,480 sqm* land-holding and two titles, the combined properties dominate the street-scape and have extensive frontages to both Mount and Alexander Streets.

39-41 Alexander Street incorporates 3,216 sqm* of lettable area spread over three levels. The tenant mix includes ACM Media; Zap Fitness; Australian Electoral Commission, together with a Mortgage Broker. Alexander Street includes the valuable benefit of 26 on-site carparking spots.and has a NABERS rating of 4.5 stars*.

54-56 Mount Street, originally known as the Advocate Building, has recently undergone extensive internal works such that the building is now classed as A-Grade office accommodation. Now fully occupied by State Government Departments throughout its 1,808 sqm* lettable area, over two floor levels, the property is fully supported by on-grade parking for 26 vehicles and has a market leading NABERS rating of 5.0 stars*.

Together, the properties provide a sound WALE, an estimated net rental stream of $1,239,377*, creating a rare, fully leased Investment.

In conjunction with Stonebridge Property Group and Burgess Rawson.

*Approx

Property ID: 504702468Last Updated: 2 Oct 2024

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