Coles Launceston

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

*Approx.

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.

JLL

Tom Noonan | + 61 402 319 698

Stuart Taylor | +61 428 000 000

Jarrod Herscu | +61 418 155 062

MingXuan Li | +61 498 688 998

Stonebridge

Rorey James | +61 439 400 081

Kevin Tong | +61 422 848 818

Justin Dowers | +61 438 098 805