Located approximately 30m from the corner of St John and York St, and 200m from the Brisbane St Mall, 123-125 St John St offers a fantastic opportunity to invest in a multi tenancy, street level commercial property in the Launceston CBD.
The property comprises of five tenancies across two strata titles. Current vacant tenancies within the property offers savvy investors with the opportunity strengthen the investment profile of the property or reconfigure or develop these spaces for a higher use (STCA).
There are limited retail freehold opportunities available this close to the centre of town at this accessible price point making this property highly viable for both investors and owner occupiers looking to secure their own property in a central location with high passing foot traffic, sharing this end of St John St with a vibrant array of other hospitality and retail outlets.
- Central, high foot traffic, CBD location
- Undercover street frontage and arcade
- Separate NBN access in all 5 tenancies
- Plumbing connections in 3 of 5 tenancies
- Signage available on street bollard
- Potential redevelopment of vacant rear tenancies to suit your needs (STCA)
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.