212 York Street, LAUNCESTON – $1 million

Fully Leased Investment Offering in High Traffic Locale

Offices

An extremely well presented property offering ground and first floor space with obvious development upside for further first floor extension.

Currently leased by multinational organisation BioMar to 31st March 2020 with the benefit of two 3 year options to 2026.

Located on the busy York St corridor amongst major new developments such as the brand new $23 million Woolworths superstore and the brand new Dan Murphys site which both boast huge traffic flow, other strong traders in the vicinity include, Inspirations Paint, BBQ's Galore and Zambrero's.

• $65,000pa current net rental / $67,000pa net from September 2019
• Annual CPI increases apply thereafter
• 350m2 land area
• 6 rear car parking spaces

For further details contact Blake Shepherd or Marcus Douglas

Property Info

Agent Contact

Blake Shepherd

blake@shepherdheap.com.au

0417 820 820


Marcus Douglas

marcus@shepherdheap.com.au

0429 820 820


Property Type

Offices


Land Area

350sqm


Building Area

290 sqm


Location mapView map