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40 Wellingston Street
Launceston TAS 7250
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Sold on 4 Oct 2023

40 Wellingston Street Launceston TAS 7250

  • Shop & Retail
  • 3,988 m²
  • Sold

BRAND NEW WOOLWORTHS SUPERMARKET IN THE LAUNCESTON CBD

  • BRAND NEW FULL LINE SUPERMARKET
  • 20 YEAR LEASE, PLUS OPTIONS UNTIL 2076
  • NET ANNUAL INCOME OF $1,320,000

Brand new,full line freestanding supermarket (3,988sqm) leased to Woolworths - due to open in Febuary 2016

New 20 year lease, plus options until 2076

Highly exposed Launceston CBD landholding, with 3 dominant street frontages

Convenience under croft car park for 161 vehicles and plus an abundance of free street parking surrounding

The only full line supermarket in the primary and secondary catchment area population of 33,980**

Net annual income of $1,323,000 pa* (100% leased to Woolworths Ltd)

FOR SALE VIA BY PUBLIC EXPRESSION OF INTEREST CLOSING WEDNESDAY 2ND DECEMBER AT 2:00PM

Justin Dowers
+ 61 438 098 805

Mark Wizel
+ 61 409 809 868

Rorey James
+ 61 439 400 081

*Approx
**Macro Plan

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold4 Oct 2023
Floor Area3,988 m²
Land Area5,996 m²
ParkingOn site parking available
Property ID2012392510
Category
 Shop & Retail
Last updated  3 Oct 2023
Map for 40 Wellingston Street Launceston TAS 7250
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold4 Oct 2023
Floor Area3,988 m²
Land Area5,996 m²
ParkingOn site parking available
Property ID2012392510
Category
 Shop & Retail
Last updated  3 Oct 2023

Listed by

CBRE
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03 86213333

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            More about 40 Wellingston Street Launceston TAS 7250

            40 Wellingston Street Launceston TAS 7250 is categorized as Shop & Retail Property. It has a floor area of 3,988 m² and a land area of 5,996 m². The listing ID for this property is 2012392510.

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