Situated on the highly visual corner of Reibey & Crescent Streets, Lancaster House is arguably the most prominent commercial premises in the riverside township of Ulverstone on the beautiful Central Coast of
Northern Tasmania.

Stylishly built in 1923, Lancaster House stands loud and proud at the gateway to Ulverstone’s retail and commercial precinct and directly opposite the wharf district set on the banks of the Leven River which is earmarked for a future major redevelopment, incorporating a blend of recreational spaces along with commercial opportunities.

Lancaster House features an equal mix of residential and commercial premises with three large two bedroom apartments above and two or three prime retail shop facilities at street level.

All premises are currently tenanted with both residential tenancy agreements and commercial leases in place.

The building is in sound condition and all shop premises have recently enjoyed the benefit of renovations to suit their current usage applications.

Genuine investors should take notice of this superb opportunity which has the potential to offer so much more in the years ahead once the redevelopment of the riverside area becomes a reality.

Income statements and further details are available upon request from qualified applicants.