City Block, 111-113 St John Street,
Launceston, TAS 7250

Presenting as a blue chip investment, this stratum title double shopfront retail site in Launceston's CBD has a secure long term lease of 5 + 5 years in place with Australia Post. Hudsons Coffee is a sub tenant in the high profile premises which are close to strong national retailers/businesses including Suzanne Grae, Noni B, Terry White Chemist, Snowgum and Medicare. Gross building area of the ground floor title is some 508 sq metres and current net rent , after all statutory outgoings and insurance are paid, is approximately $111,000 p.a. FOR AUCTION 23 JUNE 2010 AT BURGESS RAWSON' PORTFOLIO AUCTION MELBOURNE CROWN CASINO - CONTACT BLAKE SHEPHERD 0417 820 820