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- 345-347 Wellington Street, South Launceston
- Fore sale
- Agency: Humphreys Real Estate
- Agent: Ben Humphreys, 0408 569 366
With frontage onto Wellington Street and excellent visibility from Westbury Road, this property offers excellent profile.
Customers, clients and patients of retailers, service providers, allied health and hospitality businesses pass this property located on one of Launceston's busiest streets all day long.
Tenanted until November 2021 the property will then be available for owner occupation, further development or before that time, you can secure a replacement tenant ready to go once this high-profile site is available for occupancy.
Masses of profile, plenty of sealed car parking, plate glass fronted, airconditioned, brick construction with great natural and artificial light along with a double-doored store.
Plenty of scope to utilise as is or further improve.
The property comprises two titles so there is always the option to develop and move one on while retaining the other.
Combined land area is 752sqm in total with one title 223sqm and the other 529sqm.
This is a terrific opportunity to secure a high profile, prominently positioned property at the intersection of two of Launceston's busiest streets. Catch those going to and from South Launceston, Kings Meadows, Sandhill, Glen Dhu, Prospect, Prospect Vale, Summerhill, the list goes on - if you haven't got most of Launceston covered then you have the southern half well under control.
Already improved and offering versatile accommodation, you can enjoy the rental return until November 2021 while you plan for your own occupation, development (subject to council approval) or look to secure a replacement tenant for that time.