47 Brisbane Street
Launceston TAS 7250
Offers Over $1,500,000
Stand-Out Freehold Investment: Allied Health
Elders Commercial is pleased to present for sale a premium freehold investment located in the highly sought-after A-Grade retail strip of Brisbane Street, Launceston.This exceptional tenanted investment is anchored by a Specsavers franchise. Specsavers are a global leader in the optical retail and allied health sector.
The Specsavers franchise commenced in 2008 demonstrating their commitment to the location, highlighted by a recent tenant upgrade of first-floor audiology testing and diagnostic facilities.
The property delivers a current net annual income of $100,000, with annual CPI increases. The lease is secured until September 2025, featuring a CPI review upon expiry and two additional 5-year options, offering long-term income security.
Don’t miss the opportunity to secure this outstanding allied health investment in a prime location.
Features
General Features
- Commercial Type: Medical/Consulting
- Building Area: 251sqm
- Zoning: Urban Mixed Use
Can I afford 47 Brisbane Street?
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