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Freehold building in CBD - Vendor Finance available

Launceston, Shop 4A York Town Square

    • Price by Negotiation

Property Information
All offers considered! Our owner requires an immediate sale and is now offering this prime CBD site with 12 months interest free vendor finance to approved purchasers. Located in York Town Square, shop 4A offers 1159m2 of floor space spread over 3 levels just 1 ½ blocks from the Launceston Mall. This prime site on 1191m2 of land has ground and first floor access to Yorktown Square with the 3rd level extending through to Brisbane Street, above "Your Habitat".
Offered for sale with a mortgagee in possession, this property MUST be sold. Rarely do buildings of this size with such close proximity to the Mall become available to purchase with vacant possession, so the possibilities here are enormous. The property previously operated as an entertainment venue and has undergone a complete and extensive renovation incorporating 2 restaurants, 2 bars, a private function room, micro brewery and alfresco dining on 2 levels. With a place of assembly licence for 780 people, the potential for this site is incredible.
Set on 5 titles, the venue could be re-established as a premier entertainment venue or S.T.C.A converted to a variety of uses including retail, office and residential. The sale includes all plant and equipment on site and is available for immediate possession on settlement. This is an amazing opportunity to secure a large building within the CBD for less than its valuation.

For more information please contact Candice Gillies of NAI Harcourts on 0408 144 448.

Commercial Real Estate Services, Worldwide.
Floor Area1159 sqm
Land Size1191 sqm
TenureFee Simple
Property TypeTourism/Motel/Hotel, Vacant

Contact Details

First Floor
187 Brisbane Street
Launceston, 7250
Office website

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