13 Quadrant Mall, Launceston, TAS, 7250

Currently occupied by three tenants including Harmony Acumassage, Cake O’clock plus a first floor residential tenant, 13 Quadrant Mall displays the characteristics of a low risk mixed use property, in the heart of Launceston’s CBD. Positioned on the sunny side of the Quadrant Mall the property boasts two additional street frontages to Claytons Lane and Bookmakers Lane totalling a total building frontage of nearly 40m. Displaying a stunning vista of the refurbished Quadrant Mall, water fountain and cherry blossoms, the area is popular amongst tourists and also locals with Careparks 370 space car park located directly behind the property. Comprising a large building area of 274sqm over two levels and three tenancies the property lends itself to investors who are looking to spread risk, with longer lease terms and immaculately presented fit-outs buyers should be comforted by the buildings presentation and rental security. Features include: - Spread risk: 3 tenants across 3 tenancies in both commercial and residential sectors - Enormous building frontage of nearly 40m to Quadrant Mall, Claytons Lane and Bookmakers Lane - Only 55m from the Brisbane Street ‘Avenue’ with direct visibility on the sunny side of the Quadrant Mall - 274m2 building area, 184m2 title area - 'Central Business’ zoning overlay suitable for retail, office, hospitality, allied health and residential STCA - Total net income of $76,094pa excl. GST For further details contact Blake Shepherd or Joel Harwood.