42-44 George Street, LAUNCESTON, TAS, 7250

A prominent freehold offering, well located in Launceston's latest true growth precinct, only metres to Launceston's newest 7 storey office development, $304million University development, new hotel development (proposed) and other superior office buildings. Spread risk with two ground floor tenancies, anchored by extremely popular café - Frankie's, along with complimentary soon to open retail store and 5 high end first floor offices (all leased). - Valuable hospitality infrastructure - rangehood and grease trap all in situ. - Future upside is evident via constructing additional first floor space to the rear (stca). - Solid brick construction with large plate glass windows taking full advantage of the sunny, north easterly aspect. - Rear access along with one car parking space via historical access lane. - Total net income: $95,356pa + GST With the refurbishment of this iconic property only being completed recently, 42-44 George Street presents extremely well and is sure to provide buyers with a low maintenance, high yielding investment for many years to come. For further details contact Blake Shepherd or Joel Harwood.