Sold Property

52 Brisbane Street, Launceston, TAS 7250

  • 541
  • 2300 m2

$3,000,000

Irreplaceable CBD Trophy Freehold - Fully Occupied

-Iconic Art Deco Building
-Excellent tenancy history
-High yield anticipated

Fully occupied building the iconic 'Holyman House' with major tenants including Hello World Travel and Newsagency
Excellent occupancy history with several longstanding tenants
Magnificent Art Deco building totalling 2,300 sqm over 5 levels
High profile CBD site of 541 sqm with extensive 40 metre dual retail frontage
Potential for future redevelopment and/or subdivision STCA
Impressive rooftop area with incredible 360 degree views of the city
Rental levels below market - Average $99 per sqm
Landmark location within Launceston's thriving retail heart amongst numerous national retailers
Rent: $238,219.34 pa

Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne

For more information please contact Andy Howell of NAI Harcourts North.

"Commercial Real Estate Services, Worldwide." Property ID: #TNT0518

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Sold Date

  • 10 March, 2017

Property features

  • Property Type: Land, Office, Retail

Office

harcourts North

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Est. bond $1920
  • 541
  • 2300 m2

Sold Property

52 Brisbane Street, Launceston, TAS 7250

$3,000,000

Irreplaceable CBD Trophy Freehold - Fully Occupied

-Iconic Art Deco Building
-Excellent tenancy history
-High yield anticipated

Fully occupied building the iconic 'Holyman House' with major tenants including Hello World Travel and Newsagency
Excellent occupancy history with several longstanding tenants
Magnificent Art Deco building totalling 2,300 sqm over 5 levels
High profile CBD site of 541 sqm with extensive 40 metre dual retail frontage
Potential for future redevelopment and/or subdivision STCA
Impressive rooftop area with incredible 360 degree views of the city
Rental levels below market - Average $99 per sqm
Landmark location within Launceston's thriving retail heart amongst numerous national retailers
Rent: $238,219.34 pa

Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne

For more information please contact Andy Howell of NAI Harcourts North.

"Commercial Real Estate Services, Worldwide." Property ID: #TNT0518

Property Features

  • Property Type: Land, Office, Retail

Sold Date

  • 10 March, 2017
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harcourts North

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