Freehold sale with AAA lease covenant from the worlds largest company in the eyewear industry - Luxottica. With 9,000 stores worldwide and manufacturers of brands including Ray Ban, Chanel, Ralph Lauren, Tiffany & Co., Versace and more.
Renewed 5 year lease to 2023 + option to 2028
EssilorLuxottica - market cap of approx. 57 billion
Strategic high profile CBD locale along strong retail strip
Positioned amongst many strong nationals
Tenant pays all usual outgoings including land tax
Rent: $51,132.50 plus GST
Prime CBD location in arguably Launcestons strongest and most vibrant retail zone surround by brands such as ANZ, Zambrero, Flight Centre, Brickworks, Westpac, Commonwealth Bank, Shaver Shop, Telstra and more. A secure trophy investment with strong future growth potential.
Offered for sale at $855,000
Information Memorandum available upon request.
For more details, please email agent