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UNDER CONTRACT

Under Contract / Offer

1 / 88 Elizabeth Street, Launceston, Tasmania

UNDER CONTRACT

Exclusive opportunity to gain an entry into one of Launceston's actively developing and growing, yet tightly held city blocks.

The original 1880 terrace building was fully re-developed in 2014/15 resulting in a strata titled offering comprising a separate residential apartment upstairs, and this well-appointed ground level retail/office space comprising 60 sq/m for sale.

Whole building was completely rewired and replumbed in 2014/15, and a new kitchen and bathroom were added to the property.

Current owner originally had the space carpeted and in recent times replaced the reverse cycle air conditioner, meaning that there is absolutely nothing to spend.

Currently leased to a well-established local business and ultra reliable tenant, Art Stretchers Tasmania, for $17,400 (exc GST) per annum plus outgoings.

First to offer $285,000 as tenanted investment.

Contact Praveen Pant 0432 256 682 INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please Note: All figures quoted are approximate, some photos are generic

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Last updated: 29th September 2026

Summary

Property Type
Business
Contract Type
Under Offer
Location
 Launceston
State
 Tasmania
Price
Under Contract / Offer
Category
  • Property

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Agency

Business Brokers Network

Business Brokers Network

Contact

Praveen Pant