124 Charles Street Launceston TAS 7250

This superb property occupies arguable one of the highest profile corners leading to Launceston's strongest retail strip as well as featuring an enormous 44m frontage to York Street, all the way to the Kingsway corner.

Constructed as 8 commercial shops, the property is currently fully let as 4 tenancies incorporating Cold Rock, Wildly Abigail Florist, Hari's Curry and Phenomenal Nails and Lashes.

- Cold Rock - 97 stores nationally, recently renewed 5 year lease term
- Prominent street frontage to 3 streets totalling 58m
- Strong commercial tenancy profile focused on the flourishing hospitality sector
- Fully leased to multiple tenants spreading risk
- Vibrant locale with immense exposure to 3 lanes of passing traffic
- $100,178pa net rental approximately

An outstanding opportunity to acquire this high profile asset offering strong rental growth potential along with ability for future first floor development (STCA) or indeed strata to individual lots.

For further details contact Blake Shepherd.