JLL Retail Investments in conjunction with Stonebridge have the privilege of offering for sale Coles Launceston, a strong performing freehold supermarket, on a large 5,590sqm* landholding with exceptional development upside.
Key details of the opportunity include:
+ Prominent 2,164sqm* freestanding Coles Supermarket
+ 5-year NET lease with only one further option providing exceptional flexibility
+ Plans in place to develop a new full-line 3,600sqm* supermarket providing the ability to create the best freestanding supermarket in Launceston
+ On the doorstep of the Launceston CBD (<1km), and 200m* from the major Launceston Hospital
+ Highly convenient at-grade car parking for 110 vehicles
Coles Launceston is For Sale by Public Tender closing on Wednesday 18th October 2023 at 4pm (AEDT)
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Tom Noonan | + 61 402 319 698
Stuart Taylor | +61 428 000 000
Jarrod Herscu | +61 418 155 062
MingXuan Li | +61 498 688 998
Rorey James | +61 439 400 081
Kevin Tong | +61 422 848 818
Justin Dowers | +61 438 098 805
- Freehold Coles Supermarket investment, located 1km from Launceston CBD
- Strong performing Supermarket, paying turnover rent
- Plans in place for a new full line Supermarket.