135-137 St John Street, Launceston, TAS, 7250

Proudly positioned in a highly desirable and emerging pocket of the city, 135-137 St John Street is a charming circa 1830’s built property with spread risk across commercial, residential and car parking sectors, boasting two commercial tenancies, first floor residence (can be split into two apartments - floor plan available upon request) and 23 space secure, marked car park at the rear. Benefitting from a 13.0 Urban Mixed Use zoning overlay the Tasmanian Planning Scheme allows for typical commercial uses on the ground floor such as offices, allied health, retail etc. with a permit and offices or residential on the first floor, also with a permit. Within close proximity to well established operators such as Allgoods, Saint John Craft Beer, Tinka Coffee, Du Cane, the Metz and Mad Apple Cafe to name a few, the property benefits from strong footfall traffic further underpinning the performance of current and future occupants. - Spread risk across commercial, residential and ever popular car parking sectors - Excellent, central location close to strong operators with plenty of parking nearby - Secure 23 space car park at rear with extremely strong letting history for continued income or indeed development upside for residential or commercial applications STCA. - Character building built circa 1830's with circa 1923 refurbishment of facade and shopfronts - Spacious first floor residence of some 130m2 approx. having already undergone a gut renovation with first fix plumbing and wiring in situ ready for refurbishment - Fully leased net rent potential of: $83,713pa excl. GST from the ground floor and well over $100,000pa excl. GST following completion of the first floor apartment (stca). For further details contact Joel Harwood or Blake Shepherd.