CBRE together with Elders Tasmania is pleased to offer to the market Cimitiere House located at 111-113 Cimitiere Street & 34 George Street, Launceston, TAS for sale via Expressions of Interest, closing 4:00 AEDT Wednesday 11 November 2026.

+ Fully leased A-Grade office complex comprising two (2) buildings on two (2) titles, to be sold in one line.
+ Tasmania’s first designed and constructed ‘Green Building’
+ Long 6.2 year WALE by income, anchored by the Tasmanian State Government (Department of Health).
+ Five (5) high-quality government, and professional services tenants with an outstanding occupancy history.
+ Tenant’s pay all outgoings including land tax (single holding basis), with annual rent reviews ensuring long term compounding income growth.
+ Complete restoration ($2.5 million*, with contributions from Tenant), to 21st Century expectations, of Heritage Listed 34 George Street.
+ Recently completed $4.5 million* refurbishment to facilitate State Gov tenancies 2025/2026.
+ Immaculately presented freehold office complex totalling 5,351sqm* with a 5 Star NABERS Rating.
+ Expansive 3,255sqm* corner freehold landholding with 115 metres* of frontage to Cimitiere and George Streets and 70 on-grade car spaces.
+ Favourable Urban Mixed Use Zoning under the Tasmanian Planning Scheme – Launceston Local Provisions Schedule.
+ Strategic CBD location within Launceston’s financial precinct, steps from the Australian Federal Government, Deloitte, and St Luke’s Health.
+ Launceston: The commercial capital of northern Tasmania, with a 230,000+ total population catchment and a resilient economy underpinned by a record $40.6 billion Gross State Product, up 26.3% since 2014.
+ Net income: $1,981,484 pa* + GST.

To be sold by Expressions of Interest
Closing 4:00pm AEDT Wednesday 11 November 2026

Please contact the exclusively appointed agency team for more information.

*Approx