100 Charles Street, Launceston

Located in the heart of Launceston's CBD, 100 Charles Street boasts an impressive frontage on both Charles Street (approximately 8.3m) and the Kingsway (approximately 8.5m). This prime retail and residential property spans approximately 382m2 across two titles and adjoins a vibrant retail strip along Charles Street with renowned brands like Country Road, Jeanswest, Strandbags, Jay Jays, Route 66, Bonds, Gaz Man, and Blue Illusion in close proximity. The Brisbane Street Mall is a mere 60 meters away, enhancing the property's central location. The Kingsway has experienced significant improvement in recent years, with established businesses such as Macpac, Kathmandu, and Earthy Eats contributing to the street's vitality. The ground floor of the property currently houses retail space, with office areas, storage, and amenities situated at the rear. Additionally, there are two unused floors above the ground floor. Adjacent to the Kingsway, there is a designated parking area accommodating up to 7 vehicles. Offered for sale with vacant possession, this property presents various possibilities, including continuing as a retail operation, developing the existing upper floors for commercial or residential purposes, or extending the property to the rear over the vacant land (subject to council approval). This unique opportunity to secure a property in a sought-after Launceston location merits further exploration, making it a valuable investment in the flourishing real estate market.