Head Office Lease to Fantastic Furniture
Description
Substantial site area of 3,866*sqm
Tenant in occupation since 2009
Net Income: $361,022*pa + GST
Commercial East Coast Investments and Burgess Rawson from CBRE are pleased to offer to the market this high profile, large format retail investment.
The property is being showcased to our current investors, and we are open to ‘Offers to Purchase.’
- Prime retail showroom on busy major arterial road
- Substantial site area of 3,866* sqm
- Building area 2,318* sqm comprising retail showroom and warehouse
- 19 on-site car spaces
- Tenant in occupation since 2009 – current renewed lease + options to 2037
- Annual CPI reviews (capped at 4%)
- Tenant pays all outgoings including land tax and management fees
- Located in the heart of the city CBD 1* km to the Launceston GPO
- Fantastic Furniture: Leading national furniture retailer with 86 stores nationwide
- Launceston: 2nd largest city in Tasmania, major population and commercial centre of northern Tasmania, with a population catchment of over 110,000
- Net Income $361,022* pa (plus GST)
Address
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Address: 115-123 Wellington Street
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State/county: Tasmania
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Zip/Postal Code: 7250
Details
Updated on April 22, 2026 at 12:56 am-
Property ID CECI-4465
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Property Type Large Format Retail
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Property Status Sold
Video
Contact Information
*Note: All areas and figures approximate only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agents.
