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18-20 Paterson Street
Launceston TAS 7250
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Sold on 28 Jun 2023

18-20 Paterson Street Launceston TAS 7250

  • Offices
  • 880 m²
  • Sold, $2,205,000

CBD Office Investment - 2 Tenants to Spread Risk

    Extremely well located on the Paterson St corridor, this high profile and commanding office building comprises a sizable ground floor tenancy of 430m2 with prized disabled access along with an additional first floor tenancy of 450m2.

    - Quality tenants: CVGT Employment Services and Royal Flying Doctors
    - Opportunity for future development and subdivision into additional smaller tenancies
    - Rear access to Cameron Street via right of way
    - Enormous building frontage of approx.18.6m
    - Fixed annual increases of 3% and Market reviews at take up of option/s
    - Combined annual net rental: $139,200

    An outstanding opportunity for investors to secure a quality asset that is sure to provide future growth and attract strong tenants for years to come.

    For further details contact Blake Shepherd or Joel Harwood.

    Shepherd & Heap Estate Agents
    Shepherd & Heap Estate Agents
    49 Cameron Street
    Launceston, TAS 7250

    Property Highlights

    Date Sold28 Jun 2023
    Sold Price$2,205,000
    Floor Area880 m²
    Land Area559 m²
    ParkingAsk Agent
    Property ID2018522988
    Category
    Last updated  28 Jun 2023
    Map for 18-20 Paterson Street Launceston TAS 7250
    Shepherd & Heap Estate Agents
    Shepherd & Heap Estate Agents
    49 Cameron Street
    Launceston, TAS 7250

    Property Highlights

    Date Sold28 Jun 2023
    Sold Price$2,205,000
    Floor Area880 m²
    Land Area559 m²
    ParkingAsk Agent
    Property ID2018522988
    Category
    Last updated  28 Jun 2023

    Co-Agents

    Blake Shepherd
    Blake Shepherd
    Shepherd & Heap Estate Agents
    Call
    0417 820 820
    Joel Harwood
    Shepherd & Heap Estate Agents
    Call
    0448 820 820

    More about 18-20 Paterson Street Launceston TAS 7250

    18-20 Paterson Street Launceston TAS 7250 is categorized as Office. It has a floor area of 880 m². The listing ID for this property is 2018522988.

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