Immaculate Trophy CBD Building – Leased to Federal Govt Body and International Services Giant
23 Paterson Street, Launceston TAS
$1.1M+ restoration completed 2018
Two high calibre tenants
TAS experiencing record capital growth
Secure leases to high calibre tenants NHVR & GHD.
Impressive 1,000 sqm building over 3 levels + 20 car spaces.
Large 1,126 sqm landholding with rear access.
National Heavy Vehicle Regulator (NHVR), Federal Government body regulating all heavy vehicles across all states and territories.
GHD Services: Est 1928, 200+ offices across 5 continents employing 10,000+ people worldwide in energy, enviro, property, transport etc.
$1.1m+ restoration and upgrade completed 2017/18 to ‘A grade’ standard includes new lift, air conditioning and internal modernisation.
As new surplus office space will suit owner occupiers or investors.
Fixed annual rent increases.
Excellent tax saving depreciation benefits.
Prime CBD location a short walk to Launceston’s retail heart.
Launceston: capital of Northern Tasmania experiencing record capital growth with GDP of $4.3B.
Net Rent: $255,000 pa (Fully let basis).
For Sale by Expressions of Interest
Closing 4pm Wednesday 10 April 2019