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The Prestigious 'Camerons Building' - CBD Financial/Legal Precinct

44-50 & 52-56 Cameron Street, Launceston
Contact for price For Sale
  • 2502 sq metres

Description

+ Immaculate 2,834 sqm three level complex with 29 car space
+ Leased to quality tenants offering multiple income streams
+ Prime 2,791 sqm CBD corner site, within established financial and legal precinct
+ Two titles, 89 metres frontage including ROW
+ Major tenants include Camerons Accountants, Knight Frank, State (Health) and Federal Governments (Liberal Senator)
+ Annual rent reviews. + Camerons occupied 25+ years, tenant office upgrade pending 2020
+ 4 Star Nabers Energy Rating
+ Substantial taxation depreciation
+ Further development potential STCA
+ Launceston: capital of Northern Tasmania experiencing record capital growth with GDP of $4.3B
+ Estimated Net Income $567,542 pa
+ Two Titles – Buy One or Buy Both!

For Sale by Expressions of Interest
Closing 4pm (AEDT) Thursday 12 November

*The two roof top apartments at 44-50 Cameron Street are not included in the sale.