10/76 Charles Street, Launceston, TAS, 7250

Prime Retail Investment Directly Next To Target – Affordable Price Bracket

An outstanding retail investment of 101m2 with nearly 5m frontage, fully leased to Aviva Parfumerie on a 4 year initial lease term from September 2024 plus option providing an excellent lease covenant underpinned by 4% annual increases providing strong rental growth. Occupying a popular position in Charles Street the property boasts great exposure to superior pedestrian traffic and sits amongst strong national retailers including Target, Michael Hill, Country Road and more. - Premium retail property in desirable location - Plenty of on-street parking - Extremely flexible 'Central Business' zoning overlay - Strong lease covenant with rental growth assured - New 4 year lease to September 2028 plus option - Current net rent: $31,904pa excl. GST For further details contact Blake Shepherd or Joel Harwood.

Property Information

For Sale By Offer
Site Area: 101m2
Building Area: 101m2
Zoning: 'Central Business'
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Agent Contacts

Blake Shepherd
0417 820 820
EMAIL ENQUIRY
Joel Harwood
0448820820
EMAIL ENQUIRY