96-102 St John Street,
Launceston, TAS 7250

'Crabtrees Corner'is situated on the corner of St John & York Streets intersection one block from the Brisbane Street Mall. It represents an outstanding opportunity to acquire one of Launceston's most prestigious landmark heritage investment properties right in the heart of the CBD. The property comprises five retail tenancies on the ground floor boasting a strong mix of local and national tenants including Thorn Australia. The Commonwealth Government/local MHR's electoral office as the anchor tenant provides an exceptionally strong lease covenant and added security. The first floor has a floor plate in excess of 350sq.metres and significant upside with residential conversion or office redevelopment options available (stca). Anticipated fully leased net rent income for Crabtrees Corner is some $136,500p.a.

For further details please call Blake Shepherd