Quality CBD Retail Asset – Brand New 5 Year Lease
1/111-113 St John Street , LAUNCESTON TAS
Property Highlights
Perfect Entry Level Investment
Australia's largest range of games
Brand new fitout - 2017
Description
Brand new 5 year lease to March 2022 plus options to March 2032
Games World: Australia’s largest range of Jigsaws, Die-cast and games, now with 17 stores nationally
Fixed 3% annual rent increases
Substantial retail shop of 261 sqm with brand new fit-out and 8.4 metre retail frontage and rear lane access via Dell Lane
Prime position within Launceston’s retail heart next to thriving Hudsons Coffee and in close proximity to Radio Rentals, Suzanne Grae and metres to busy Launceston Mall
Launceston: Tasmania’s largest northern city with a growing trade catchment over 140,000 people
Rent: $67,000 pa
Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne
Property Details
Listing
Sale
Current Tenant
Tenanted
Land Size
1 SQM
Building Area
261 SQM