84-86 Brisbane Street Launceston TAS 7250

Occupying one of the best positions in the CBD, 84-86 Brisbane Street is leased on a long term basis to Telstra Group's only Launceston store. Located between Liv-Eat and Oscar Wylie this prime position benefits from a high volume of footfall traffic thanks to a mix of large scale retail and hospitality operators.

Features include:
- Enormous 9.5 metre frontage
- Includes first level providing potential future upside
- Leased to ASX listed Telstra Group Ltd (ASX: TLS)
- Renewed 5 + 5 year lease term from April 2023
- Net rent: $152,505pa excl. GST (from March 2025)

A truly generational opportunity to secure a prime commercial property in this tightly held location.

For further details contact Blake Shepherd or Joel Harwood.