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.

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Contact agents
George Wilkinson Associate Director
+61 439 173 049
Shaun Venables Senior Director
0411 860 865
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Kings Meadows, TAS

6/ 139-143 Hobart Road

For Sale by Portfolio Auction
Wednesday 16th September 10:30AM Crown Casino - Melbourne

This property is part of Portfolio 187

Price: Contact Agent

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