87-91 Brisbane Street
Launceston TAS 7250
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Iconic CBD Investment
Elders Commercial is privileged to present this exceptional CBD investment opportunity, offered to the market for the very first time. Situated in a prime high-exposure position along Brisbane Street, one of Launceston’s most prominent commercial and retail corridors, the property is strategically located within the city’s core banking precinct, surrounded by major institutions including ANZ, Westpac, and CBA.The asset is underpinned by a strong and diverse income profile, delivering a passing net income of $613,359* per annum with a 4.73-year WALE, supported by multiple tenancies and flexible Central Business zoning. The building offers 28 secure basement car parks, an increasingly scarce commodity in the CBD.
Further enhancing its appeal, the property is held across separate strata titles, providing the flexibility of future sell-down potential or acquisition of individual titles. Supported by a healthy body corporate sinking fund and strong maintenance history, this tightly held asset presents investors with both immediate income security and medium-term value-add potential.
Please contact one of the listing agents for more information or to arrange an inspection.
Features
General Features
- Commercial Type: Retail
- Building Area: 2,068sqm
- Zoning: Central Business
Can I afford 87-91 Brisbane Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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Elders Real Estate Launceston
Enquire about 87-91 Brisbane Street, Launceston, TAS, 7250