Secure CBD Office Investment – Long WALE, Premium Location
Elders Commercial is pleased to present this well-located strata office investment in the core of the Launceston CBD. Situated on the ground floor of Exa House, the tenancy benefits from direct and convenient access via the building’s main foyer, providing strong accessibility and street-level presence within a prominent commercial address.The office accommodation is well configured and presented, offering a functional layout suited to professional occupiers. The property is securely leased to JMG Engineering, providing an established income stream underpinned by a long-standing tenant covenant.
Key Investment Highlights:
• Net income of $104,671 per annum
• All outgoings recoverable from the tenant (excluding sinking fund contribution)
• WALE of 4.77 years
• Secure lease to JMG Engineering
• Two designated on-grade car parking spaces
• Launceston CBD location
This represents a compelling opportunity to acquire a stable CBD investment with secure income and strong fundamentals.
Please contact one of the listing agents for more details or to arrange an inspection.
Features
General Features
- Land Area: 0
- Commercial Type: Offices
- Building Area: 382sqm
- Zoning: Central Business
Can I afford Lot 2, 67-75 Paterson Street?
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