Commercial property
- 4 Paterson Street, Launceston
- 195 meters squared
- For sale by expressions of interest
- Closing 5pm Thursday, February 6
- Agent: Harrison Humphreys
- Contact: Ben Humphreys, 0408569366
- C: Bruce Walker, 0409971778
Offering great frontage and easy access and within proximity to many retailers, professional services firms, cafes and restaurants, this is a property suited to an owner occupier, investor or developer alike.
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Ideally suited to continued use as professional offices, opportunity also exists for redevelopment or refurbishment to add value.
The property offers excellent profile onto Paterson Street with laneway access at the side via Georges Lane that accommodates on-site car parking spaces
This land holding of 195m2 makes for an affordable option to secure a freehold commercial footing in central Launceston.
Located in a vibrant part of Launceston, there are boundless businesses in the area across a range of sectors to drive demand for tenants and clients alike.
Across the road is the Paterson Street East multi-storey car park.
A block south is the Brisbane Street "Avenue" with a mix of retail, food and service providers and a short distance from that the Brisbane Street Mall, Launceston's retail hub. A block to the north and you are amongst the many professional services operating in Cameron Street.
The property would suit a range of uses including professional services offices and subject to council approval, a redevelopment to incorporate residential living above ground floor may also be an option.
A character property comprising office space on both the ground and first floor, there are toilet facilities on the ground floor along with a reception area, kitchenette and strong room. Understandably, rarely is such a property offered to the market.
