Long Term National Tenant
High Profile Site Fronting Main Road
Net Income $361,022* pa (plus 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)

*Approx

For further information, please contact Glenn Conridge on 0413 873 337 or email gconridge@cecinvestments.com.au.