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Commercial Property
242 square metres
- 52 & 52A Wellington Street, Launceston
- For sale
- Agency: Shepherd and Heap
- Agent: Blake Shepherd, 0417 820 820
- Inspect: By appointment
Occupying the outstanding corner location on Wellington and Elizabeth Streets, this property has unparalleled exposure to Launceston's major thoroughfare out of the CBD between Woolworths and Coles, directly opposite the BWS drive-through exit.
Offered with vacant possession, this premium corner property previously operated as three separate tenancies whilst sitting over two titles, a rare opportunity is provided to occupy one and benefit from revenue on the other.
Largely constructed of brick, there is plenty of potential to develop up (STCA) capitalising on the masses of passing vehicular traffic.
Features
- Positioned over two titles on approximately 145m2 and 135m2, metered separately for power
- High-profile corner with over 30,000 annual average traffic movements
- Three car spaces at the rear of the property plus plenty of on-street parking at the door
- Flexible 'Urban Mixed Use' zoning overlay allowing for residential on the first floor (with permit)
- Extraordinary signage opportunities
