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The Prestigious ‘Camerons Building’ – Global Branded & Government Tenants

44-50 & 52-56 Cameron Street, Launceston TAS

Property Highlights

Global Branded & Government Tenants
Three Level Complex with 29 Car Spaces
Secure Tenants, Multiple Income Streams

Description

+ Immaculate 2,834 sqm three level complex with 29 car space
+ Leased to quality tenants offering multiple income streams
+ Prime 2,791 sqm CBD corner site, within established financial and legal precinct
+ Two titles, 89 metres frontage including ROW
+ Major tenants includeCamerons Accountants, Knight Frank, State (Health) and Federal Governments (Liberal Senator)
+ Annual rent reviews. + Camerons occupied 25+ years, tenant office upgrade pending 2020
+ 4 Star Nabers Energy Rating
+ Substantial taxation depreciation
+ Further development potential STCA
+ Launceston: capital of Northern Tasmania experiencing record capital growth with GDP of $4.3B
+ Estimated Net Income $567,998 pa
+ Two Titles – Buy One or Buy Both!

For Sale by Private Treaty

*The two roof top apartments at 44-50 Cameron Street are not included in the sale.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government;Office
Land Size
2,502 SQM
Building Area
2,834 SQM

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