Leased Investment, Historic Terrace with Parking
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Unit 1, 56-58 Tamar Street, Launceston TAS 7250

EOI 26/04/24

OfficeSize: n/a
Knight Frank proudly present to the market Unit 1, 56-58 Tamar Street for sale via Expressions of Interest.

Currently under lease to "The House of Beauty" with remaining car spaces leased out individually, the asset provides a fully leased income of $33,600 pa + GST (Net)*.

This property is one of two strata titles situated on high traffic flow, Tamar Street, metres away from major developments including Launceston's newest office development "Carcoola" and UTAS $250*m development.

The property is zoned "Urban Mixed Use" under the Tasmanian Planning Scheme allowing for future development into residential (STCA).

For Sale by Expressions of Interest closing 26 April 2024 at 4pm.

*Approximate

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Key details

Property type:
Office

Other Details

Knight Frank Launceston

Maps and area information

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What's nearby

East Launceston Primary SchPrimary School
1km
Queechy High SchoolHigh School
3.7km
Elphin HospitalHospital
0.6km
Shopping CentreMajor Shopping Centre
0.2km
Australia PostPost Office
0.3km
Tafe - Fashion CentreTafe
0.7km

Property history

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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: 182426910. This listing has been viewed 1 time. It was first displayed on 05/04/2024 and last updated on 29/04/2024.
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.