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Unit 1, 68 George Street, LAUNCESTON TAS, 7250

Sold
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Property Sold in Unit 1, 68 George Street, LAUNCESTON TAS, 7250

Knight Frank Tasmania - Launceston

54 Cameron Street, Launceston, TAS 7250

Listing ID:
11389820
Status:
Sold
Last Updated:
30/07/2020
Price:
Contact Agent
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Property Type

Retail
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Land Area

103 SQM
Icon size

Floor Area

103 SQM
Icon parking

Parking

N/A

"Set and Forget" Investment Opportunity

Situated in Launceston's main food/cafe precinct of George Street, the property is situated next door to "The Black Cow" being one of the city's premier restaurants.

The property is a Ground Floor Strata Title of some 113 sqm. The Title has a unit entitlement of 60 of 100 Units providing a controlling interest.The other strata is a first floor FF apartment.

The ground floor of approx 103 sqm is currently occupied by a food franchise business Bento, who provides both takeaway and in-house dining.

The property is leased until 3rd Feb 2024 + 2 x 5 year options. Current net rent is approx $30,160 pa + GST + Outgoings with annual CPI increases.

For more details, please email agent

Knight Frank Tasmania - Launceston

54 Cameron Street, Launceston, TAS 7250


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