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Outstanding Set & Forget Investment Opportunity

Lot 3/32 Elouera Street, LAUNCESTON TAS, 7250

For Sale

Property for Sale in Lot 3/32 Elouera Street, LAUNCESTON TAS, 7250

Listing ID:
11334876
Status:
Active
For:
Sale
Price:
$749,000
Last Updated:
12/07/2019
Icon building

Property Type

Offices
Icon square

Land Area

937 SQM
Icon size

Floor Area

215 SQM
Icon parking

Parking

0

Outstanding Set & Forget Investment Opportunity

This high profile commercial office property located within the popular Tailrace Centre has West Tamar Highway frontage and is only 5 minutes from Launceston's CBD. Underpinned by a secure' 10 year lease to local community organisation Tailrace with guarantee from New Directions Community Church Inc.

Currently configured to 9 well appointed individual offices, most of which are sublet to like minded businesses in the strong health and welfare sector spreading investment risk.

Excellent parking on title and an added bonus is the huge Tailrace Centre car park that adjoins which is common property.

Current rent is $51,050 p.a.

For further details contact Blake Shepherd or Ian Singline

For more details, please email agent

Shepherd & Heap

49 Cameron Street, Launceston, TAS 7250


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