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- 22-26 Cameron Street, Launceston
- 1770 square meters
- Expressions of interest
- Agent: NAI Harcourts North
- Contact: Nick Oliver, 0467 929 364
- Inspect: By appointment
22- 26 Cameron Street, Launceston is an outstanding opportunity to purchase a significant heritage holding on the fringe of the Launceston CBD.
Originally constructed in 1897, the building has been transformed while still retaining its heritage charm.
The building represents an unsurpassed fine example of a late nineteenth-century flour mill, with imposing facade and interior features that have been sympathetically refurbished to accommodate a range of office tenancies.
This end of Launceston has seen a resurgence in recent years and has very much been revitalised with new developments either completed or underway.
The ground has been broken on Hotel Verge located just next door, the Gas Works and Milledge Lane developments have been completed.
And the impending UTAS Inveresk Campus is due to start soon, meaning this area will soon be a new hub for students, this will create new opportunities.
All of these are positive examples of urban re-renewal in the semi-industrial city fringe.
NAI Harcourts are pleased to offer this property to the market by expressions of interest, with offers invited over $3.5m.
This is an ideal opportunity to buy now with an income and an eye on further redevelopment in the future (STCA).
There is an approximate net income of $205,771 per annum when fully let.
The land size totals 1096 square meters while the building is 1770* square meters.
There are eleven car spaces at the rear of the property, and inside there is potential for elevator access.
- *Approximate measurements.