With its monumental façade, a real tip of the hat to a bygone era, the old Lindsay Tulloch & Co warehouse on Cimitiere Street has a notable street presence that provides an air of classic prestige.
The building itself has seen some extensive capital works completed in the last two years to accommodate its existing car yard tenant. New offices have been constructed complete with kitchenette and DDA compliant toilet facilities. A new concrete slab has been poured throughout the building to provide a workable level area. Electrical and plumbing have been updated along with essential fire services including the addition of a dedicated fire escape. Future tenants can easily continue to develop further offices etc. within the tenancy as most of the heavy lifting has already been done.
Location is a strong point for this property, it is no secret that this corner of the Launceston CBD is rapidly expanding with multiple developments being completed and penned for the future. Strong tenants surround the property with multiple financial institutions (Deloitte, KPMG) and hotels (Grand Chancellor, Hotel Verge, Proposed Fragrance development) being worthy of note. This location is also within close proximity of the $260m Launceston University development.
-Zoning ‘Urban Mixed Use’ (15.0)
-Parking for approx. 30 cars
-Kitchenette and DDA compliant toilet facilities
-Reverse cycle air conditioning (office)
-Multiple skylights providing good ambient light
-Roller door with remote access
-Alarm and security cameras
Outgoings: (previous financial year)
Land Tax: $4,648.12
Council Rates: $4,258.66
TasWater: $967.17 (quarter)
To learn more about this property, contact Andy at Tucker & Howell.