Charming George Street Terrace - Home To Iconic Restaurant
135 George Street, Launceston TAS 7250
$795,000
HotelSize: n/a
Block size: 195 m² approx.
George Street is Launceston's home of hospitality, causing freehold properties such as 135 George to be rarely offered to market due to stable tenancies and rental growth potential.
Seize this opportunity to secure this hospitality property in a sought-after position with great street parking, extremely popular and reputable tenant whilst being on the doorstep to Launceston's blue ribbon suburbs.
Pickled Evenings is Launceston's premium Indian themed restaurant and has called 135 George Street home for well over a decade now and will continue to do so thanks to a 5 + 5 + 5 year lease from February 2022.
Property highlights:
Property is licenced for up to 98 seats
Enjoys a prominent position in George Street with front dining patio
Solid concrete and brick construction
Award winning, long standing Tenant with excellent track record
Exceptional fit-out and well-maintained property
Long term 5 + 5 + 5 year lease from February 2022
Tenant pays all statutory outgoings
Net rent: $50,075pa + GST
For further details contact Joel Harwood or Blake Shepherd.
Seize this opportunity to secure this hospitality property in a sought-after position with great street parking, extremely popular and reputable tenant whilst being on the doorstep to Launceston's blue ribbon suburbs.
Pickled Evenings is Launceston's premium Indian themed restaurant and has called 135 George Street home for well over a decade now and will continue to do so thanks to a 5 + 5 + 5 year lease from February 2022.
Property highlights:
Property is licenced for up to 98 seats
Enjoys a prominent position in George Street with front dining patio
Solid concrete and brick construction
Award winning, long standing Tenant with excellent track record
Exceptional fit-out and well-maintained property
Long term 5 + 5 + 5 year lease from February 2022
Tenant pays all statutory outgoings
Net rent: $50,075pa + GST
For further details contact Joel Harwood or Blake Shepherd.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Joel Harwood to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Hotel
Block Size:
195 m²*
Other Details
Volume:
7
Folio:
40728
Legal description:
40728/7
Maps and area information
Block information
Block size: 195m² (approx)
Legal description: 40728/7
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
What's nearby
East Launceston Primary SchPrimary School
0.7km
Queechy High SchoolHigh School
3.4km
St Vincents HospitalHospital
0.3km
Shopping CentreMajor Shopping Centre
0.4km
Elizabeth Street Post OfficePost Office
0.4km
Tafe - Thynes CentreTafe
0.3km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
07 Nov 1989
Sold
$130,000
Contract: 07/11/1989
Block size: 194m²
02 Sep 1983
Sold
$65,000
Contract: 02/09/1983
06 Jul 1977
Sold
$39,850
Contract: 06/07/1977
Launceston suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
3,110
Listing ID: 181788560. This listing has been viewed 33 times. It was first displayed on 19/07/2023 and last updated on 03/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.