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Address available on request Launceston, TAS 7250

Address available on request,
Launceston, TAS 7250

Shops & Retail

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Range: $140,000 - $170,000

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Commercial Portfolio Starter

Getting out of the stock market? Looking for "Brick and Mortar" security?
If so, you should closely consider this securely leased Yorktown Square retail unit.

Fully leased to a vibrant, beautifully present business in this excellent and iconic location, this investment can provide stability for your "Super".

Leased until 2009 (plus options) to a retail tenant which has been in situ since 2003. Current rent is $15,126 pa and tenant pays most outgoings ---- representing around an 8% return on capital.

Price: $160,000
GST: "Going Concern"

Enquiries: David Webster 0419 516 629

Property ID: 5452188Last Updated: 5 Dec 2013

03 6334 91...
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Address available on request
Launceston, TAS 7250
LJ Hooker - Launceston
183 Charles Street
LAUNCESTON, TAS 7250
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