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- 74-80 Tamar Street, Launceston
- Expressions of interest
- Closing: Thursday, February 27 at 5pm
- Agent: Knight Frank
- Contact: Charles Black, 0409 317 607
- Inspect: By appointment
Prime CBD location with a national tenant, surrounded by iconic sites in a high traffic flow location.
This would be a great addition to the commercial property portfolio with the option for site redevelopment down the track (STCA) or simply retain as a passive investment.
The site includes an office, large twin bay workshop area with a significant concrete hardstand which offers ample onsite parking for at least 15 vehicles.
With a total area of 642 m2, the site lends itself to future redevelopment (STCA) or continuing to hold the property for passive income or even for owner occupation.
Currently subject to a 3 year lease to national car rental company, Europcar, the lease runs through to August 14, 2022.
Located on one of Launceston's busiest intersections within the CBD, the site offers significant exposure to passing traffic.
The property is strategically located in Tamar Street, providing both north/south access from Launceston's CBD to Invermay.