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90 High Street Launceston, TAS 7250

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90 High Street,
Launceston, TAS 7250

Hotel, Motel & Leisure • Shops & Retail

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Prime Highway Exposure – National Tenant – 5 + 5 + 5 Year Lease

A fantastic investment property for the astute investor, well positioned in the thick of the action along High Street in Campbell Town. Subway is a quality tenant with over 30,000 stores in over 87 different countries, with the Campbell Town store being a strong performer taking advantage of the 2mil + passing vehicles each year.

Campbell Town is just north of half way between Launceston and Hobart and is the most visited stopover point along the highway, creating a thriving hub of extremely profitable businesses. Further commercial development is difficult given that Campbell Town has grown from a small country town without provision for commercial expansion. This creates a centralised area where customers can park once and shop several times within this concentrated high foot traffic area.

Rent: $31,200 pa + GST & Outgoings
Term: 5 + 5 + 5
Start: 1 August 2005 / second 5 year option taken up
Increases: CPI & Market

For further details please call Blake Shepherd on 0417 820 8...

Property ID: 5676507Last Updated: 5 Dec 2013

04178208...
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90 High Street
Launceston, TAS 7250
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