Irreplaceable CBD Trophy Freehold – Fully Occupied
52 Brisbane Street , Launceston TAS
Property Highlights
Iconic Art Deco Building
Excellent tenancy history
High yield anticipated
Description
Fully occupied building the iconic ‘Holyman House’ with major tenants including Hello World Travel and Newsagency
Excellent occupancy history with several longstanding tenants
Magnificent Art Deco building totalling 2,300 sqm over 5 levels
High profile CBD site of 541 sqm with extensive 40 metre dual retail frontage
Potential for future redevelopment and/or subdivision STCA
Impressive rooftop area with incredible 360 degree views of the city
Rental levels below market – Average $99 per sqm
Landmark location within Launceston’s thriving retail heart amongst numerous national retailers
Rent: $238,219 pa + GST
Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne
Property Details
Listing
Sale
Current Tenant
Tenanted
Land Size
541 SQM
Building Area
2,300 SQM