Brand New 15 Year Net lease | Launceston's Thriving Retail Precinct
Description
CBRE and Elders Commercial Tasmania are pleased to offer to the market Unit 6, 139-143 Hobart Road, Kings Meadows, Tasmania for sale via Investment Portfolio Auction 187.
The property has the following key investment highlights:
+ Brand new long Fifteen (15) year lease to Liv Eat with two (2) further ten (10) options to 2061
+ Liv Eat: Tasmanian-born healthy food operator, est. in 2006 and now trading from 18 stores across four states, with continued national expansion underway. The brand is part of the Banjo’s Group well-established bakery cafĂ© network, now operating 50+ stores nationally
+ Bloom Nail & Spa: Five (5) year net Lease to 2030 with One (1) further five (5) year option to 2035.
+ Bloom Nails & Spa: long-term trading tenant providing flexibility and scope of secondary income stream
+ Both tenants pay usual outgoings including single holding land tax
+ Prime Hobart Road location within a tightly held retail precinct anchored by Woolworths, Coles, Ampol, Amplifon, Commonwealth Bank of Australia, Eyelines and Toyota
+ 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: $162,781 + GST
To be auctioned as part of CBRE Investment Portfolio Auction 187
10.30am AEST Wednesday 16 September 2026, Crown Casino, Melbourne.
Enquire
Contact agents
George Wilkinson Associate Director
+61 439 173 049
Shaun Venables Senior Director
0411 860 865Enquiry Form
Kings Meadows, TAS
6/ 139-143 Hobart Road
For Sale by Portfolio Auction
This property is part of Portfolio 187
Price: Contact Agent
Contact agents
-
George Wilkinson Associate Director
+61 439 173 049 -
Shaun Venables Senior Director
0411 860 865