Check out our online version of this week's Domain for great tips, articles, homes and commercial properties to discover.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
Commercial Property
- Ground Floor/92 Elizabeth Street, Launceston
- $245,000 EX GST
- Agent: Harrison Humphreys
- Contact: Ben Humphreys, 0408 569 366
- Inspect: By appointment
The property is located in a vibrant part of Elizabeth Street, the area comprises a mix of restaurants, bars, retailers and service providers.
It is within close proximity to the beautiful Prince's Park and only a couple of blocks from the Brisbane Street Mall.
With frontage onto Elizabeth Street, nearby Benders Lane allows access to a council car park that provides plenty of parking for customers.
This CBD retail property provides good window exposure to the many passing vehicles and foot traffic each day.
Currently tenanted and trading as the Tasmanian Hazara Market since 2017, the tenants have recently extended the lease, securing a further year of the tenancy until September 2020.
This is an exciting opportunity to secure a tenanted property in a vibrant part of Launceston that has a great mix of retail and service providers.
On a very well-known street, on the edge of Launceston's CBD, the property comprises retail space, air-conditioning/heating, a store area, kitchen and toilet facilities at the rear.
This is a chance to enter the commercial property market or build on your existing portfolio with all the benefit of a tenant in place.
The area has undergone much redevelopment over the past few years with many of the upper floors of nearby properties being converted to residences or substantially renovated, a number of these have a northerly aspect and look our over the city across the top of the car park.
The property provides an excellent profile with its frontage onto Elizabeth Street and being within easy walking distance to the centre of the CBD makes an ideal location for the tenant.