Launceston

78 Lindsay St, TAS

Property Description

Launceston Showrooms comprises three large format retail tenancies occupied by Officeworks, JB Hi-fi and Petstock. The property is located adjacent to the Launceston Bunnings approximately 1 kilometre north of the Launceston central business district. The site provides good customer access on both Lindsay and Goderich Streets. The immediate surrounds includes industrial and commercial facilities to the north and west, and a mix of commercial and residential dwellings to the east. The property was acquired as part of a portfolio acquisition in the first half of the 2024 calendar year.

Land area

42,750m²

The total GLA/retail area

4,098m²

Total Property Cost

$68,000,000

Current valuation

$48,500,000

Annual Rent

$2,620,637

Property Location

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