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The Prestigious 'Camerons Building' - CBD Financial/Legal...

44-50 & 52-56 Cameron Street, LAUNCESTON TAS, 7250

For Sale

Property for Sale in 44-50 & 52-56 Cameron Street, LAUNCESTON TAS, 7250

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11374546
Status:
Active
For:
Sale
Price:
Price on Request
Last Updated:
25/02/2020
Icon building

Property Type

Retail/Offices/Medical/Consulting
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Land Area

2502 SQM
Icon size

Floor Area

2834 SQM
Icon parking

Parking

N/A

The Prestigious 'Camerons Building' - CBD Financial/Legal Precinct

Immaculate three level complex with 2,834 sqm approx NLA plus 29 car spaces
100% leased to quality tenants offering multiple income streams.
Prime corner site, within established financial and legal precinct.
Combined Title area totalling 2,502 sqm approx. plus additional car park on common land.
Tenants include Camerons Accountants, Knight Frank, Commonwealth of Australia (Liberal Senator - brand new fit-out), State Government (Health & Human Services), Hanson Psychologists and Retail Cafe
Annual rent reviews.
Camerons occupied 25+ years, tenant office upgrade pending 2020.
4 Star Nabers Energy Rating.
Substantial taxation depreciation.
Further development potential STCA.
Income includes vendor guarantee (basement).
Launceston: capital of Northern Tasmania experiencing record capital growth with GDP of $4.3B.
Income $647,095 pa approx. (1 July 2020)

Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC

*The two roof top apartments at 44-50 Cameron Street are not included in the sale.

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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