Lot 3, 32 Elouera Street,
Riverside, TAS 7250
Offices
Price information
Sold
$835,000
Key property information
Land area
Floor area
Car spaces
Parking info
Sold on
Shepherd & Heap Pty Ltd - LAUNCESTON
49 Cameron StreetLAUNCESTON, TAS 7250
Lot 3, 32 Elouera Street
Riverside, TAS 7250
Map of Lot 3, 32 Elouera Street
High Income Earner – Leased To Church Organisation To 2037 Including Option - 8.25+% Net Return
Tailrace House is located within the popular Tailrace Centre benefitting from West Tamar Highway frontage whilst being only 7 minutes from Launceston’s CBD. Underpinned by a secure 10 + 10 year lease to May 2037 with guarantee from New Directions Community Church Inc.
Currently configured into 9 well appointed individual offices, most of which are sublet to like minded businesses in strong health and welfare sector spreading investment risk.
Features include:
- Long 10 + 10 year lease from May 2017
- Solid brick construction
- 215m2 approx. building area
- Large 937m2 title area
- 65 bay car park (common property)
- Current net rental: 70,980pa excl. GST
For further details contact Blake Shepherd or Joel Harwood.
Currently configured into 9 well appointed individual offices, most of which are sublet to like minded businesses in strong health and welfare sector spreading investment risk.
Features include:
- Long 10 + 10 year lease from May 2017
- Solid brick construction
- 215m2 approx. building area
- Large 937m2 title area
- 65 bay car park (common property)
- Current net rental: 70,980pa excl. GST
For further details contact Blake Shepherd or Joel Harwood.
Property ID: 504593188Last Updated: 5 Aug 2024
Shepherd & Heap Pty Ltd - LAUNCESTON49 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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