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Elders Real Estate - Launceston

Levels 1 & 2, 93 York Street Launceston, TAS 7250

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Levels 1 & 2, 93 York Street,
Launceston, TAS 7250

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Elders Real Estate - Launceston
David Webster
Rodney Rawlings

Elders Real Estate - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Elders Real Estate - Launceston
Levels 1 & 2, 93 York Street
Launceston, TAS 7250

Map of Levels 1 & 2, 93 York Street

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"A-Grade" CBD offices Investment. Possible 7.0% yield

A strategic investment opportunity to acquire TWO (2), fully leased and occupied, strata-titled floor-plates, within an iconic and street-scape dominant Launceston Office Building, commonly designated as Y93 and situated within the CBD of Launceston, northern Tasmania’s “capital”.
Originally constructed circa 1960, the whole property has, more recently, undergone extensive renovations and refurbishment, with emphasis on energy efficiency and contemporary design aesthetics.
Improvements have included state-of-the-art, thermally efficient glazing throughout; electrical and data up-grades; LED energy efficient lighting systems; split-cycle air-conditioning systems; contemporary up-grades to staff amenities, including DDA compliant bathroom facilities (Level one).
Y93 has the benefit of connection to optical NBN.

Level one: leased to a respected, Federal Government funded service provider, Northern Joblink, the operational arm of National Joblink.
Level two: Leased to two (2) well established businesses, Apogee (Tas) Pty Ltd and LMD Plans to Build Pty Ltd, both active within constructions services industries.

Current estimated nett rent $118,040 combined floors.
Vendor may consider offers on individual floors.


Property ID: 504250564Last Updated: 30 Apr 2024

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