A great opportunity to secure a hassle free investment with security of a national tenant (with 48 offices across the country). This neat single level tenancy located in the vibrant Inside Caf building allows the investor to spread risk across two tenancies, with long standing tenant Strucdraw Pty Ltd on new 5 year lease with option to 2025 and new, national tenant Ipar Rehabilitation Pty Ltd on new 3 year lease with options to 2022. Rental growth is assured with 3 and 4% annual increases respectively.
Combined net rental $37,571pa + Outgoings + GST.
For further details please call Blake Shepherd.
The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the total area. The population of Launceston in 2016 was 2944 people. By 2021 the population was 3110 showing a population growth of 5.6% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation.In 2021, 46.80% of the homes in Launceston were owner-occupied compared with 48.20% in 2016.
Launceston has 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:
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