Centrally positioned within Launceston’s CBD, 3/123–125 St John Street presents an outstanding opportunity to secure a fully leased commercial investment at an accessible price point.
The property forms part of a established strata complex and is configured as three individual tenancies. With all spaces now leased, the property delivers a secure and diversified income stream. The tenancy mix provides both stability and flexibility for an investor, with multiple occupiers reducing reliance on a single income source.
Located just a short walk from Brisbane Street Mall, the Quadrant Mall and the Avenue, this property enjoys excellent exposure to passing traffic and is surrounded by a mix of professional services, retail, dining, and major national brands. Its central position ensures long-term demand from both tenants and future purchasers.
Based on the current rental profile and asking price, the property offers a potential return exceeding 8.5%, representing exceptional value in a market where well-priced, fully leased assets are tightly held.
• Short walk to Brisbane Street Mall, Quadrant Mall and Avenue precinct
• Common bathroom facilities.
• Potential for internal reconfiguration (STCA)
• Street-front presence, ground level visibility, signage opportunities
• Fully leased with income from three occupiers, spreading risk
• Excellent passing foot traffic.
• Street level window frontage.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.
