Property Details

113 York St, Launceston

113 York St, Launceston

For Sale $785,000 -
297 sq metres  Bedrooms Bathrooms3 Car Spaces Download Brochure

FREEHOLD PREMISES WITH LONG TERM TENANT - High Rental Returns

Commercial Property for sale in busy York Street WITH SECURE LONG-TERM TENANT

This versatile and prominent York Street property provides approx. 200m2 of ground floor retail space, currently leased since 15 Jan 2018 by Fully equipped Restaurant with 5+5+5 Lease in place – for $900 + GST per week + 75% Outgoings. Future Potential could certainly suit as professional offices or service centre.

Accommodation is enhanced by a fully self-contained first floor flat which has just undergone a complete re-build and re-fit and provides two bedrooms approximately 80m2 – currently tenanted under 1-year lease for $280.00pw till 14 Feb 2019

The property holding also includes a side alley which allows for "end to end" parking for up to three vehicles.
A versatile property with high exposure to busy York Street, ideal for commercial investors/SMSF Buyers or owner occupy.

Land Size – approximately 297m2
Land Use: shop, business, retail, trade.

Approx Total $66,040 per annum - rental return - this is more than 8.47% ROI

Sound ROI for this commercial property in excellent York Street Location.

Enquire today and call us on 02 9771 6555 | 0479 144 888

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Ari Pobert

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  • Office : 02 9771 6555
  • Mobile : 0479 144 888

Ari Pobert has fast become a respected authority in real estate, establishing himself as one of the most successful and dynamic agents in the industry.

As a Director in the business, Ari has an outstanding reputation within the local area and has built up an extensive referral partners & referral network of happ...

David Chea

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  • Mobile : 0419 312 888

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