Trophy Launceston Retail Asset

Description

CBRE in conjunction with Howell Property Group is pleased to offer to the market Rebel Sport Launceston located at 124-126 York Street, Launceston, TAS for sale via International Expressions of Interest closing 3:00pm (AEST) Thursday 16 July 2026.

+ Ten (10) year lease to 2034 plus options through to 2048 to Rebel Sport Limited, a wholly owned subsidiary of Super Retail Group (ASX: SUL).
+ Rebel Sport: Australia and New Zealand’s leading sporting goods retailer, operating 782+ stores nationally as part of Super Retail Group, delivering record group sales of $4.07 billion in FY25.
+ Super Retail Group (ASX: SUL): ASX-listed retailer operating iconic brands including Supercheap Auto, Rebel Sport, BCF and Macpac, with 12.5 million active club members representing 79.4% of total group sales.
+ CPI annual rent reviews with market reviews at the commencement of each further term.
+ Brand new Five (5) year lease to 2031 to Secure Parking Pty Ltd, Australia’s largest car parking operator, with fixed 3.0% annual rent increases and one further Five (5) year option to 2036.
+ Secure Parking: subsidiary of global parking giant PARK24 Co. Ltd., listed on the Tokyo Stock Exchange with a market cap exceeding $6 billion*, operating 450+ car parks across Australia and New Zealand and 30,000+ car parks comprising 1.4 million bays globally.
+ Commanding 1,711sqm* freehold CBD site with 34 metres* of frontage to York Street, providing unrivalled exposure to Launceston CBD and Brisbane Street Mall.
+Immaculately presented, purpose-built premises completed in 2024 and designed to Rebel Sport’s latest corporate fit-out standards, delivering an 1,800sqm* two-level flagship store connected by escalators and lifts.
+ Premier core CBD location, surrounded by Woolworths, BWS, Kathmandu, Harris Scarfe, Country Road, Myer and National Australia Bank, within 1km* of Launceston College, Sacred Heart School and West Launceston Primary School.
+ Launceston: commercial capital of northern Tasmania, serving a regional catchment of approximately 71,000 residents* and a total population catchment exceeding 230,000*, with Launceston Airport recording over 1.4 million passengers in the most recent financial year.
+ Tasmania’s economy valued at a record $40.6 billion GSP*, up 26.3% since 2014, underpinned by record-low unemployment of 3.8% and a $3.5 billion infrastructure pipeline including the $3.8 billion Marinus Link renewable energy interconnector.
+ Net income: $684,850 pa* + GST.

To be sold via International Expressions of Interest
Closing 3:00pm (AEST) Thursday 16 July 2026

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Contact agents
George Wilkinson Associate Director
0439 173 049
Matthew Wright Senior Director
+61 458 290 588
Shaun Venables Senior Director
0411 860 865
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Launceston, TAS

124-126 York Street

For Sale by Expression of Interest

This property is part of Portfolio 185

Price: Contact Agent

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