76 Cimitiere Street,
Launceston, TAS 7250

Elders Commercial are please to offer to market a prime development site located on the city fringe of the Launceston CBD.

Key property features include:

• Corner location with over 80m of high exposure frontage to Cimitiere and Lawrence Street
• Prime re-development site with 1,525sqm* of land area adjoining the new UTAS Building with highly favorable ‘Urban Mixed Use’ zoning
• Cimitiere Street is a gateway to the CBD with over 12,000* vehicle movements per day
• Currently leased to ‘Every Battery Pty Ltd’ with a holding net income of $35,000 providing investors time to plan the next stage for this site
• UTAS $97m* Wills Street building (adjoining property) is due for completion in 2024 and forms a major part in relocating a target of 16,000 students and staff to the Inveresk campus.

The property is for sale by offer.

For more information or to arrange an inspection please contact Fletcher Seymour or Rodney Rawlings from Elders Commerical.