Held by the same owner for over 20 years this is a rare opportunity to purchase a freehold property in the Launceston CBD less than 100m from the Brisbane Street Mall. 161 Charles Street is being offered to the market with vacant possession providing an exciting option to both owner occupiers and investors / developers alike.

The property benefits from a prominent 8m frontage to Charles Street providing opportunity to split the building into multiple tenancies. Both ground and first floor are currently in very usable open plan layouts, ample natural light accesses the building through the large front windows and unique light well in the ceiling. 161 Charles Street would be well suited to multiple commercial tenancies and / or a residence on the first floor.

Expressions Of Interest – closing date Wednesday 6th April 2022 at 4pm. Purchasers must submit their best offer by this date for consideration by the vendor. Decisions on offers will not be made before the closing date.

Features include:

-Offered with vacant possession
-Prominent high exposure position on Charles Street
-100m from the Brisbane St Mall
-Total floor area: 252m2 approx.
-Land: 159m2 approx.
-Versatile 8m shop front allows for potential multi tenancy
-Zoning ‘Central Business’ (22.0)
-Reverse cycle air conditioning
-Kitchenette and toilet facilities
-NBN Ready
-Monitored alarm system and security cameras
-Recently re roofed

Outgoings: (approx.)

Land Tax: $3,580.00
Council Rates: $5,218.33
TasWater: $1,200.00

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 purchasers are advised to carry out their own investigations.