Lot 3/32 Elouera Street, LAUNCESTON – $785,000
Outstanding Set & Forget Investment Opportunity
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' 10 year lease to local community organisation Tailrace with guarantee from New Directions Community Church Inc.
Currently configured to 9 well appointed individual offices, most of which are sublet to like minded businesses in the strong health and welfare sector spreading investment risk.
Excellent parking on title and an added bonus is the huge Tailrace Centre car park that adjoins which is common property.
Current rent is $57,131 p.a.
For further details contact Blake Shepherd or Ian Singline