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Bendigo Bank Building, 38 St John Street Launceston, TAS 7250

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Bendigo Bank Building, 38 St John Street,
Launceston, TAS 7250

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Map of Bendigo Bank Building, 38 St John Street

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BENDIGO BANK BUILDING c.1866 - IMPRESSIVE CBD HERITAGE INVESTMENT OPPORTUNITY

An absolute stunning freehold investment property, the Bendigo Bank building is a magnificent private treaty sale offering to the market featuring:

. Prime CBD corner address just one block from 'Mall' and 'Avenue'
. Launcestons finest example of early colonial architecture
. Striking heritage styles and classic ornate features creating
desirable tenancies
. Incorporates the Stables and Coach Shelter buildings at rear
. Impeccable presentation and condition, extensively refurbished
throughout in recent years
. Strong letting history and exceptional tenant profile, includes
ASX listed Bendigo & Adelaide Bank Ltd as anchor tenant and
Australian Education Union
. Significant covenant strength and lease security with longer term
tenant stability
. Quality blue chip investment status
. Fully leased, passing net rent $138,000pa approx

For further details, IM report and inspections contact Ian Singline - formal offers over $2.2m invited now.

Property ID: 502861826Last Updated: 22 Feb 2021

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Bendigo Bank Building, 38 St John Street
Launceston, TAS 7250

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