Tenanted CBD Retail with Upside

SOLD

171-173 Charles Street

Launceston TAS 7250

Retail

FOR SALE

448m2

Well located retail property on 448m2 of land, positioned prominently on the Charles Street retail strip between York Street and the Brisbane Street Mall. The property has good frontage and is a high profile site.
Currently tenanted until January 2019 with 2 x 2 year options by local sports merchandise and memorabilia business ‘Balls and Bumpers'. At the rear is a large area (currently vacant) suitable for additional development which extends to a well serviced Right of Way access off York Street.
This is a unique opportunity to secure a CBD tenanted investment property on a very well regarded strip. Centrally located, it offers much scope for additional commercial and/or residential development (Subject to Council Approval).