3/32 Elouera Street, RIVERSIDE, TAS, 7250

Outstanding Set & Forget Investment Opportunity - 10 plus 10 Year Lease

This high profile commercial office property located within the popular Tailrace Centre has West Tamar Highway frontage and is only 5 minutes from Launceston's CBD. Underpinned by a secure and rare 10 + 10 year lease from May 2017 with guarantee from New Directions Community Church Inc. Currently configured into 9 well appointed individual offices, most of which are sublet to like minded businesses in the strong health and welfare sector spreading investment risk. • Long 10 + 10 year Lease from May 2017 • Solid brick construction • 215m2 building area • Large 937m2 title area • 65 bay car park (common property) • Current net rental $54,433 per annum Excellent parking on title with the added bonus of a huge 65 bay car park that adjoins, which is common property. For further details contact Blake Shepherd or Ian Singline

Property Information

For Sale by Offers Over $695,000
Site Area: 937m2
Building Area: 215m2
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Agent Contact

Blake Shepherd
0417 820 820
EMAIL ENQUIRY