Ground Floor, 10-14 Paterson Street,
Launceston, TAS 7250
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Sold on
Map of Ground Floor, 10-14 Paterson Street
Single Tenant, Minimal Management Investment - $1.465m
Opportunity to secure this prime hospitality and retail investment property occupied by Launceston's iconic Inside Cafe and Inside Home and Gifts. In the heart of the CBD in sought after locale, directly opposite large 244 bay multi-storey car par.
$96,772pa net rental
Fixed annual 3.5% increases
Tenant pays all usual outgoings including building insurance
Currently under 8 year lease term with options to 2030
503m2 building area plus one car space on title
Huge 13.9m2 frontage
An outstanding Investment ideal for SMSF displaying a superb fitout which is second to none and lease security from extremely popular business along with future upside to split into two tenancies - one not to miss.
For further details please call Blake Shepherd
$96,772pa net rental
Fixed annual 3.5% increases
Tenant pays all usual outgoings including building insurance
Currently under 8 year lease term with options to 2030
503m2 building area plus one car space on title
Huge 13.9m2 frontage
An outstanding Investment ideal for SMSF displaying a superb fitout which is second to none and lease security from extremely popular business along with future upside to split into two tenancies - one not to miss.
For further details please call Blake Shepherd
Property ID: 502984134Last Updated: 19 Feb 2021
04178208...
Ground Floor, 10-14 Paterson Street
Launceston, TAS 7250
Shepherd & Heap Pty Ltd - LAUNCESTON49 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.