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58 Elizabeth Street Launceston, TAS 7250

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58 Elizabeth Street,
Launceston, TAS 7250

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A must have for the Portfolio

Offered for sale on a fully leased basis to a solid ASX Company, the well-known Elders Group.
This well presented character property is located on the edge of Launcestons retail centre and comprises a two level character building benefiting from extensive street frontage to Elizabeth Street and St John Street.
The property displays as a stable investment with considerable flexibility of use due to the two levels and access options.
Retailers close to this property include the iconic Allgoods outdoor store, the popular Metz Restaurant and Bar, the exciting new St John Bar, Sports Authority, Hudsons Coffee plus numerous cafés, small retailers and a recently developed modern apartment / retail block.

In summary the location provides the benefits of a well-known leafy CBD commercial address with exposure to passing vehicle and foot traffic.

With a Passing Net Rent of $44,000pa + Outgoings + GST and attached to a freshly executed lease of 3 + 3 + 3, its certainly one for the portfolio,I recommend you be quick!

Contact Marcus Douglas for further details.

Property ID: 501976062Last Updated: 23 Feb 2021

04298208...
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58 Elizabeth Street
Launceston, TAS 7250

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