64 Brisbane Street, LAUNCESTON – SOLD

Trophy Retail Investment Leased To Global Eyewear Giant

Retail/Shops/Service Stations

Freehold sale with AAA lease covenant from the world’s largest company in the eyewear industry - Luxottica. With 9,000 stores worldwide and manufacturers of brands including Ray Ban, Chanel, Ralph Lauren, Tiffany & Co., Versace and more.

• Renewed 5 year lease to 2023 + option to 2028
• EssilorLuxottica - market cap of approx. €57 billion
• Strategic high profile CBD locale along strong retail strip
• Positioned amongst many strong nationals
• Tenant pays all usual outgoings including land tax
• Rent: $51,132.50 plus GST

Prime CBD location in arguably Launceston’s strongest and most vibrant retail zone surround by brands such as ANZ, Zambrero, Flight Centre, Brickworks, Westpac, Commonwealth Bank, Shaver Shop, Telstra and more. A secure trophy investment with strong future growth potential.

Offered for sale at $855,000

Information Memorandum available upon request.

Property Info

Agent Contact

Marcus Douglas

marcus@shepherdheap.com.au

0429820820


Property Type

Retail/Shops/Service Stations


Land Area

124sqm


Building Area

247 sqm


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