» »
Prime Punchbowl Offering

57 Punchbowl Road, LAUNCESTON TAS, 7250

For Sale

Property for Sale in 57 Punchbowl Road, LAUNCESTON TAS, 7250

Listing ID:
11371388
Status:
Active
For:
Sale
Price:
$660,000 Plus GST (if any)
Last Updated:
14/01/2020
Icon building

Property Type

Retail
Icon square

Land Area

693 SQM
Icon size

Floor Area

172 SQM
Icon parking

Parking

N/A

Prime Punchbowl Offering

Situated prominently on the corner of punchbowl Road and a new residential subdivision, this extensively renovated property would be a great addition to your commercial portfolio or a foundation stone if you are just starting. With next to no maintenance needed in the long term, the property has undergone a complete overhaul in the last 2 years. You're picking up a set and forget style investment.

Meeting current requirements to operate as a food outlet, the zoning is "local business". There is a grease trap fitted, accessible toilet, disabled access, new mains and internal power. The home has been re-plastered, reverse cycle A/C installed, new kitchen and bathroom. Extensive exterior works including landscaping and the outdoor decking space for the café.

The café occupying the corner site is well fitted, neat and tidy and will be the local for all the surrounding residences and the nearby punchbowl reserve. There is no real competitor in this area/ suburb. The Café is covered by a lease until 2023 with further 5 year options and the beautifully renovated house is returning $300 + pw. Full disclosure to serious buyers.

All together this is a must consider for small SMSF purchasers and investors alike looking to take advantage of the growing Launceston market with a turnkey asset. Safety of both residential and commercial property markets.

For more information contact Nick Oliver or David Hernyk.

NAI Harcourts North "Commercial Real Estate Services Worldwide"

For more details, please email agent

NAI Harcourts Launceston

114 George Street, Launceston, TAS 7250


More properties from NAI Harcourts Launceston
For Lease
43, 44, 45/52 Brisbane Street, LAUNCESTON TAS, 7250

43, 44, 45/52 Bri...

Offices
For Sale
10-12 Thompson Avenue, GEORGE TOWN TAS, 7253

10-12 Thompson Av...

Industrial/Warehouse
For Lease
1B/22 Cameron Street, LAUNCESTON TAS, 7250

1B/22 Cameron Str...

Offices
Sold
28-30 Main Street, ST MARYS TAS, 7215

28-30 Main Street...

RetailOther
For Sale
16 Lagoon Esplanade, SCAMANDER TAS, 7215

16 Lagoon Esplana...

Hotel/Leisure
Leased
Shop 2/37-43 Queen Street, ULVERSTONE TAS, 7315

Shop 2/37-43 Quee...

OfficesRetail
More properties from Launceston
For Lease
80 Brisbane Street, LAUNCESTON TAS, 7250

80 Brisbane Stree...

Retail
Leased
138A Brisbane Street, LAUNCESTON TAS, 7250

138A Brisbane Str...

Retail
For Lease
Basement/92 Cameron Street, LAUNCESTON TAS, 7250

Basement/92 Camer...

Hotel/Leisure
For Lease
Part/66 Cameron Street, LAUNCESTON TAS, 7250

Part/66 Cameron S...

Offices
For Lease
Level 1 Suite 12/87-91 Brisbane Street, LAUNCESTON TAS, 7250

Level 1 Suite 12/...

Offices
For Lease
86 Elizabeth Street, LAUNCESTON TAS, 7250

86 Elizabeth Stre...

Retail
Loading...