CBRE & Howell Property Group are pleased to offer to the market QV Tower, located at 11 High Street, Launceston TAS, for sale via Expression of Interest closing 18 September 2025. This opportunity has the following key investment highlights
+ Impressive freehold medical facility & professional services facility in tightly held commercial precinct, anchored by the State Government.
+ Anchored by the State Government tenant
– Department of Health: The primary health agency within the Tasmanian Government, responsible for the administration and delivery of public hospitals, community health centres, mental health services, and comprehensive statewide health programs.
+ Significantly upgraded 6,742 sqm* multi-level grade medical & professional services facility with 47 car spaces on title.
+ Centrally located just 1.7km from the Launceston CBD.
+ Investor preferred leases to Department of Health, Emerge Allied Health, High Street Family Practice, CGU & WFI Insurance (IAG) and Launceston Psychology Clinic.
+ Expansive 4,319 sqm landholding* with prime 49 m* frontage to High Street and Clarence Street offering dual access, maximum exposure and visibility in one of Launcestons most affluent suburbs.
+ Strategic location within the East Launceston, surrounded by key infrastructure including Launceston Aquatic Centre, City Park, Coles, Mitre 10, Autobarn and Chemist Warehouse.
+ Favourable Urban Mixed Use zoning under the Launceston Local Provisions Schedule.
+ Net income $1,147,133 pa* + GST For sale via Expression of Interest closing 18 September 2025.