- TasmaniaRetail StoreEOI 15 May 2018
Renewed Lease until July 2024 with options
A significant 5,105sqm* department store with three pedestrian access points. The building has had a new HVAC system installed.
The offering provides one of the largest retail floor plates in the city centre, strategically located with frontage to Charles Street and Brisbane Street and 50m* from the Brisbane Street Mall.
National retail tenant providing a single tenant investment
Target: wholly owned subsidiary of Wesfarmers Ltd
Rental $900,000pa* + GST + Outgoings
Retail spend in Launceston CBD has grown significantly with developments including the Launceston City Council “City Heart Project”, and the pending re-location of the University into the city centre.