Tenancy 2, 87-91 Brisbane Street
Launceston TAS 7250
$4,500,000
$4,500,000 | 6.33% Return | 7 Year WALE
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.
Key Investment Highlights:
+ Secure Lease with a 7 Year WALE and two further 5 year options
+ NET Lease with Tenant paying outgoings
+ A-Grade Bank Tenant - Bank of us
+ NET Return of $284,800 per annum + GST + Outgoings
+ 21 CBD Secure Basement Car Parks
+ Investor return of 6.33%
Please contact one of the listing agents for an inspection or to obtain additional information.
Features
General Features
- Commercial Type: Retail
- Building Area: 675sqm
- Zoning: Central Business
Can I afford Tenancy 2, 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.
Calculators
Elders Real Estate Launceston
Enquire about Tenancy 2, 87-91 Brisbane Street, Launceston, TAS, 7250