Unit 8, 70 Charles Street, Launceston, Tas 7250

Elders Commercial proudly presents to the market Unit 8, 70 Charles Street, for sale by Expressions of Interest.

The property is currently leased to “Sushi To Go” with a net income of $31,668 pa + GST, to 31 March 2025 with a further 5-year tenant option.

The lease provides for the tenant to pay all usual statutory outgoings and is subject to annual CPI rental increases.

The asset provides a neat and compact retail shop situated on the busy Charles Street retail strip, metres away from the Brisbane Street Mall surrounded by major national tenants including Country Road, Michael Hill, Jeans West and more.

This is a great 'entry level' commercial investment for anyone looking at expanding their portfolio.

For Sale by Expressions of Interest closing 4pm Thursday 27 June 2024.