Address available on request,
Launceston, TAS 7250

Situated in the heart of Launceston CBD "Medibank House" represents a very desirable and attractive investment opportunity given the location of the property, its presentation and the long term nature of the tenant Medicare Australia.

Forming a prominent part of the streetscape of St John Street the property is just off the Brisbane Street Mall and just opposite the Quadrant Mall. Other businesses nearby include - Suzanegrae; Noni B ; Australia Post; MBF and Angus & Robertson.

The property has rear vehicular access providing loading bay plus six (6) car parks, two of which are included in the "Medicare" lease and four are privately rented.
Lease details -

Lessee: Commonwealth of Australia
Term: 3 years + 3 years - from 1/07/2007
Current Rent: (including car parks) $89,325
Lessee responsible for rates and land tax

"Medicare" has occupied the premises for 20 years and recently undertook considerable refurbishment of its chambers.

Price: By formal (written) offer

Enquiries: David Webster 0419 516 629