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5/61 Cameron Street Launceston, TAS 7250

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5/61 Cameron Street,
Launceston, TAS 7250

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CBD Investment Property - Strong Lease

For sale as an investment property, Lots 5 & 6/61 Cameron Street in Launceston are occupied by The Northern Club - a Launceston institution. The property is attractive and is well located within the commercial precinct of the Launceston CBD.

The bar and restaurant have been occupied by the current tenant since 2006 and the fitout is of a high standard.

The rental return is 9% nett on the purchase price and the tenant is 2 years into a 5 year term with 2 further options of 5 years each remaining on the lease.

Contact Cathy Rae 0429 820 820

Property ID: 500530903Last Updated: 13 Dec 2013

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5/61 Cameron Street
Launceston, TAS 7250
Shepherd & Heap Pty Ltd - LAUNCESTON
49 Cameron Street
LAUNCESTON, TAS 7250

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