111-119 Cameron Street and 3-5 Wellington Street provides a unique opportunity for investors to acquire a quality, heritage listed landmark office building in a prestigious location.
In recent years the buildings have been discreetly and thoroughly modernised into fully serviced offices serving long term State Government tenants with a WALE of circa 5.7 years. The buildings have been extended to facilitate open work areas in addition to offices, commercial lifts have been installed for each tenancy and swipe card technology are features.
Properties of this size and quality, with secure lease tenure to government are rare to the market and tightly held. Also forming part of this offering are the adjoining Barrett Terraces, 3-5 Wellington Street. Built in 1860 they are also heritage listed.
With a location close to the CBD, a long WALE to long term Government tenants, 18 on-site car spaces, and a streetscape renowned as one of the finest in Launceston, this collection of heritage terraces will attract plenty of investor attention.
For more details, please email agent