Stonebridge Property Group is delighted to present for sale Launceston CBD Everyday Retail Centre, a highly convenient large format retail offering located in the heart of Launceston CBD.
- Highly convenient large format retail centre with a lettable area of 3,423 sqm*
- 100% secured by NET leases to ASX listed tenants: BCF, Supercheap Auto, Beacon Lighting + major global: Rabobank
- Prominent triple-fronted 4,696 sqm* site in the Launceston CBD situated in an established large format retail precinct
- Located in the booming regional city of Launceston which will benefit from $509 million of government investment over the next 10 years1
- Zoned Urban Mixed Use, with substantial underlying land value with scope for future development up to 12 m* (STCA)2
- Strong average tenure to date of 10 years*
- Net income of $1,035,000* p.a.
1 Launceston City Deal
2 Launceston Interim Planning Scheme 2015
Launceston CBD Everyday Retail Centre is offered for sale via Expressions of Interest closing Wednesday 29th June at 5.00pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.