Exceptionally Well-Appointed Food Premises - Long Lease To 2033 Inc Option
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38/61 George Street, Launceston TAS 7250

Offers Over $1.1m

RetailSize: n/a
Block size: 164 m² approx.
An outstanding opportunity for investors to secure this fully refurbished property which includes all plant and equipment (tenant to maintain, repair and replace). Immaculately presented, the property is leased to the well known "Schnitty Bar" that benefits from a long 5 + 5 year lease from March 2023.

The property is split into three distinct areas - commercial kitchen, central dining and cafe/takeaway area, catering for up to 70 patrons.

Features include:
- Outstanding carparking at front door
- Well recognised central city location
- New fit-out to extremely high standard
- Immense depreciation benefits
- $67,158pa net rental - tenant pays all outgoings

For further details contact Blake Shepherd or Joel Harwood.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Blake Shepherd to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Retail
Block Size:
164 *

Other Details

Volume:
38
Folio:
54574
Legal description:
54574/38
Shepherd & Heap Estate Agents

Maps and area information

Block information
Block size: 164 (approx)
Legal description: 54574/38
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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What's nearby

East Launceston Primary SchPrimary School
0.9km
Queechy High SchoolHigh School
3.7km
Launceston General HospitalHospital
0.6km
Shopping CentreMajor Shopping Centre
0.1km
Australia PostPost Office
0.2km
Tafe - Thynes CentreTafe
0.5km

Property history

We couldn't find any history for this property.
See Launceston's suburb profile

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: 182326790. This listing has been viewed 3 times. It was first displayed on 26/02/2024 and last updated on 26/02/2024.
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.