25-31 Wellington Street
Launceston TAS 7250
Contact Elders Commercial
A rare retail opportunity in Heart of CBD
Elders are pleased to present to market, ‘Morty’s Complex’, Launceston. A unique opportunity to acquire a convenience and food-based land holding anchored by a BP Service Station within the heart of Launceston’s CBD.Key property highlights:
• Lengthy lease with blue chip fuel tenant BP Australia Pty Ltd a wholly owned subsidiary of BP p.l.c with 1,400* sites across the country and a market cap of $83.26 Billion.
• Located in the centre of the Launceston CBD on a high-profile 4,433 sqm* corner site.
• Combined 142 m frontage with dominant exposure to 161,000* cars weekly.
• The Centre offers an opportunity for restructure to the food court model providing potential for a stronger net position under an alternative structure.
• 1,358 sqm* established convenience centre with a diverse mix of high-profile food & beverage and service-based retailers including BP, Subway and a News Agency including Australia Post.
• The complex consists of 18 tenancies with carparking provisions of 27 on grade car parks.
For Sale - By Offer
*Approx
Features
General Features
- Commercial Type: Retail
- Building Area: 1,358sqm
Can I afford 25-31 Wellington Street?
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Elders Real Estate Launceston
Enquire about 25-31 Wellington Street, Launceston, TAS, 7250