Don't miss this opportunity to invest in one of Launceston's most dynamic areas.

Fronting onto Wellington Street, this property has been home to the Calabrisella - one of Launceston's oldest and best known restaurants - which has operated for close to 40 years.

This iconic restaurant sits on the ground floor, occupying 185 square metres.

In addition, this property also boasts two residential apartments upstairs and has a solid rental history, providing a great additional income of close to $21,000 gross.

Here, the options are endless, allowing the new owner to keep operating from the ground floor as a restaurant (either by an owner occupier or with the current owner who is prepared to remain under a lease for up to a year).

The rear access provides off-street parking for up to three vehicles allowing many alternative opportunities to the savvy investor.

This is a highly visible site on one of Launceston's busiest streets.

Due to the pending retirement of the current owners, this property is inclusive of the business and is now offered for sale for the first time. Don't miss this opportunity!