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Immaculate Trophy CBD Building – Leased to Federal Govt Body and International Services Giant

23 Paterson Street, Launceston TAS

Property Highlights

$1.1M+ restoration completed 2018

Two high calibre tenants

TAS experiencing record capital growth

Description

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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Office
Land Size
1,126 SQM
Gross Building Area
1,000 SQM

Contact Agents

Shaun Venables

+610 411 860865

Zomart He

+610 488 220830

Request Information

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