Current Rent 52,000 per annum, plus GST.
Freehold Retail Investment Property fully leased on a long lease to quality tenants who paid good money when they purchased the business.
Centrally located on the edge of Launceston CBD near and adjacent to Gunn’s Retail and Coles and Kmart in Racecourse Crescent, very popular shop with a good trade at lunch time from workers in the area.
Land Area 513 m2 approx, Building Area 290 m2 approx, potential STCA to subdivide or develop another building on the remaining land next to the building which has two street frontages being a corner site.
Open Thursday 14 April from 12.30pm Auction 1pm on site, inspections prior by appointment.