175-177 Charles Street, Launceston, Tas 7250

We proudly offer for sale, 175-177 Charles Street, a fully leased heritage CBD investment, located on one of Launceston’s busiest intersections.

This immaculate 1920’s character building features prominent ground floor retail space with first floor 'A-Grade' office accommodation.

The ground floor retail area is currently leased to RB Sellars. RB Sellars est. 1996 and has 20 stores nationwide and forms part of the Propel Group.

The first-floor office space is leased to Petuna Aquaculture which was established in 1949 and is now 100% owned by the NZ based Sealord Group, a leading global seafood company.

Combined, the property returns a net income of $108,706 pa*.

Surrounding major retail brands located on Charles Street include Country Road, Target, Chemist Warehouse, Harris Scarfe, Gazman, Bonds, Portmans and Jeans West.