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?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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Elders Real Estate Launceston
Enquire about 25-31 Wellington Street, Launceston, TAS, 7250