Another one SOLD by Knight Frank

SOLD

124 Charles Street

Launceston TAS 7250

Retail

FOR SALE

334m2

This outstanding property commands "Number 1" position on the corner of York and Charles Streets.

The property will return a gross income figure of approx. $90,000 per annum + GST with "Cold Rock" a new anchor tenant and other long established tenancies.

Cold Rock have recently signed a new 5 year lease commencing 24 January 2014.

The Lessee is enjoying a rent free period of 3 months from the commencement date.

Land size: 334m2
York Street frontage of 42.98m, Charles Street frontage of 6.6m.

The property is offered to the market by genuine Vendors.

This property would suit a self managed superannuation fund with potential to further strengthen the properties other 4 tenancies.

Please contact Rob Dixon for further details.