EXA house is a three-storey heritage building located on Paterson Street, Launceston that was refurbished by ARTAS Architects in 2015. The former home of the Examiner newspaper, who had occupied the building for over 160 years, was redeveloped to include a redesign of the sites main entrance and a new lift to service the three floors.

Tenancies 1A & 2A of this iconic property are fully let to allied heath professionals Mouthworks at a sound WALE, exceeding 3 years. Property is strata titled with tenants enjoying the full benefit of accessible toilets and kitchen facilities with 2 parking spaces also included in sale.

With all outgoings fully recoverable this investment offers a sound return exceeding 5%, with plenty of potential upside via annual CPI rental increases over the next several years.

- Central CBD location, less than 200m from Brisbane St Mall
- Ground floor tenancy
- Toilet and kitchen facilities
- 2 car spaces attached to title
- Quality, professional tenant, backed by ASX parent company
- Ducted air conditioning / heat
- DDA compliant facilities
- Fully recoverable outgoings
- Professional neighbouring tenants including Artas Architects & Clarke & Gee solicitors
- Blue Ocean Gigabit NBN

Outgoings (Fully recoverable)

Land Tax: $4,153
Council Rates: $10,061
Tas Water: $4,496
Body Corporate: $14,094

To learn more about this property, contact Andy or Ben at Howell Property Group.

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.