Check out our online version of this week's Domain for great tips, articles, homes and commercial properties to discover.
Featured commercial property
- 96 Arthur Street, Launceston
- Agent: Knight Frank
- Contact: Rodney Rawlings, 0419 323 626
- Expressions of interest
Located in one of Launceston's most prominent inner-city locations, this eight-apartment complex offers a range of highly profitable investment options for either passive investors or active operators.
These include either short or long-term residential leasing and Airbnb.
Historically operated as a stand-alone business, the property is currently acting as overflow for a well-known hospitality group.
Showing strong revenues driven from the booming tourism sector, this property presents an outstanding opportunity in East Launceston.
The apartments offer an abundance of natural light, many with premium city views and are well appointed, fully self contained with kitchen, washing machine and combined lounge and dining area.
Each apartment is allocated a single car parking space for each apartment.
Plans have been completed to strata title the apartments and are ready for submitting to Council for approval.
These plans are included in the sale.
This is truly a great location within easy walking distance to the Launceston's main attractions.