» »
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:
29/06/2020
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
Leased
30-32 Lindsay Street, INVERMAY TAS, 7248

30-32 Lindsay Str...

Industrial/Warehouse
For Sale
16 Lagoon Esplanade, SCAMANDER TAS, 7215

16 Lagoon Esplana...

Hotel/Leisure
Sold
7 Landale Street, INVERMAY TAS, 7248

7 Landale Street,...

Industrial/Warehouse
Leased
101 St John Street, LAUNCESTON TAS, 7250

101 St John Stree...

OfficesRetail
For Lease
26 The Quadrant Mall, LAUNCESTON TAS, 7250

26 The Quadrant M...

Retail
Leased
81 Cimitiere Street (Ground Floor), LAUNCESTON TAS, 7250

81 Cimitiere Stre...

Offices
More properties from Launceston
For Sale
222-224 York Street, LAUNCESTON TAS, 7250

222-224 York Stre...

Retail
Leased
11/96-102 St John Street, LAUNCESTON TAS, 7250

11/96-102 St John...

Offices
For Sale
2/10-14 Merino Street, LAUNCESTON TAS, 7250

2/10-14 Merino St...

Industrial/Warehouse
For Lease
102-104 Cameron Street, LAUNCESTON TAS, 7250

102-104 Cameron S...

Offices
Sold
Unit 1, 68 George Street, LAUNCESTON TAS, 7250

Unit 1, 68 George...

Retail
Leased
120B Ravenswood Road, LAUNCESTON TAS, 7250

120B Ravenswood R...

Industrial/Warehouse
Loading...