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Elders Real Estate - Launceston

Unit 8, 70 Charles Street Launceston, TAS 7250

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Unit 8, 70 Charles Street,
Launceston, TAS 7250

Shops & Retail

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Elders Real Estate - Launceston
Cale Ayres
Isabelle Firth

Elders Real Estate - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Elders Real Estate - Launceston
Unit 8, 70 Charles Street
Launceston, TAS 7250

Map of Unit 8, 70 Charles Street

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Affordable entry level investment in the heart of the CBD

  • Returning $31,668 pa* net
  • Affordable entry level investment
  • CBD location
Elders Commercial proudly presents to the market Unit 8, 70 Charles Street, for sale by Expressions of Interest.

The property is currently leased to “Sushi To Go” with a net income of $31,668 pa + GST, to 31 March 2025 with a further 5-year tenant option.

The lease provides for the tenant to pay all usual statutory outgoings and is subject to annual CPI rental increases.

The asset provides a neat and compact retail shop situated on the busy Charles Street retail strip, metres away from the Brisbane Street Mall surrounded by major national tenants including Country Road, Michael Hill, Jeans West and more.

This is a great 'entry level' commercial investment for anyone looking at expanding their portfolio.

For Sale at offers over $495,000.

Property ID: 504604020Last Updated: 17 Sep 2024

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