187 Wellington Street Launceston TAS 7250

Boasting a brand new 5 + 5 + 5 year lease this excellent hospitality investment benefits from all the bells and whistles.

Having undergone complete refurbishment over the past 2 years, the property is an excellent example of a warm, cosy and rustic cafe, occupying an outstanding location less than 300m from the Launceston General Hospital (LGH).

Features include:
- Fully compliant commercial kitchen
- Excellent location on major arterial route seeing 25,000 plus daily traffic movements
- Around the corner from LGH (less than 300m)
- Disabled access and amenities
- Stunning heritage features
- CPI increases annually, market rent review at option takeup
- Brand new 5 + 5 + 5 year lease to local café operator
- Net rent: $45,000pa + Outgoings + GST

Certainly, a must see with no comparable properties currently on the market in Launceston.

For further details contact Joel Harwood.