Unit 1, 68 George Street,
Launceston, TAS 7250
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Map of Unit 1, 68 George Street
"Set and Forget" Investment Opportunity
Situated in Launceston's main food/cafe precinct of George Street, the property is situated next door to "The Black Cow" being one of the city's premier restaurants.
The property is a Ground Floor Strata Title of some 113 sqm. The Title has a unit entitlement of 60 of 100 Units providing a controlling interest.The other strata is a first floor FF apartment.
The ground floor of approx 103 sqm is currently occupied by a food franchise business Bento, who provides both takeaway and in-house dining.
The property is leased until 3rd Feb 2024 + 2 x 5 year options. Current net rent is approx $30,160 pa + GST + Outgoings with annual CPI increases.
The property is a Ground Floor Strata Title of some 113 sqm. The Title has a unit entitlement of 60 of 100 Units providing a controlling interest.The other strata is a first floor FF apartment.
The ground floor of approx 103 sqm is currently occupied by a food franchise business Bento, who provides both takeaway and in-house dining.
The property is leased until 3rd Feb 2024 + 2 x 5 year options. Current net rent is approx $30,160 pa + GST + Outgoings with annual CPI increases.
Property ID: 503601806Last Updated: 30 Apr 2024
Unit 1, 68 George Street
Launceston, TAS 7250
Elders Real Estate - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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