Large-Format Retail Asset | $5,605,000 | Net Yield: 6.44% | TAS

This high-profile large-format retail asset reflects the calibre of secure, income-producing properties Rethink Investing continues to secure on behalf of clients.

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Positioned within one of Launceston’s most tightly held retail corridors, the property is underpinned by a long-term lease to Fantastic Furniture, one of Australia’s leading national furniture retailers, providing secure and recurring income supported by a well-established national business.

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The asset delivers a net annual cash flow return of approximately $361,022, supported by annual CPI rental increases, fully recoverable outgoings and long-term lease security extending through to 2037.

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Located on a substantial corner landholding with strong arterial exposure, the property benefits from enduring national tenant demand, limited competing supply and strong retail fundamentals across Tasmania’s northern commercial hub.

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Significant capital upgrades and strong underlying land value further strengthen the long-term positioning of the asset, while future rental reversion potential provides additional upside over time.

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With secure income, strategic land value and long-term growth potential, this acquisition reflects the calibre of retail assets Rethink Investing continues to secure for clients.

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About Rethink Investing

• Australia & New Zealand’s largest and most experienced commercial buyer’s agency

• $7 billion+ in commercial property secured for clients

• Exclusive access to 70% off-market opportunities

• Specialists in high-yielding commercial property investments

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Secure your next high-performing commercial asset with our expert team.