Located between Elizabeth and York Streets, in the CBD of Launceston, 143-149 St John Street is a prime commercial real estate investment. The property comprises 4 commercial tenancies and 2 residential tenancies all housed in a beautiful heritage listed building. Built circa 1920, this high profile site benefits from the rare advantage of additional workshop and storage buildings along with multiple under cover and open car parking spaces. A history of loyal tenants has ensured low vacancy and the property has the potential to earn additional income from 1 residential tenancy currently occupied by the owners, in addition to increasing current commercial rents when leases allow. The property could be further developed (S.T.C.A) at the rear of the land for use as residences or additional commercial space.

Contact Candice Gillies at NAI Harcourts for more information.
NAI Harcourts Commercial Real Estate Services World Wide