393A-393B Invermay Road, Mowbray, Tas 7248

Retail
$1,285,000
$1,285,000
Published on: 22 Jan 2025
Last updated on: 22 Jan 2025
393A-393B Invermay Road, Mowbray, Tas 7248
393A-393B Invermay Road, Mowbray, Tas 7248
393A-393B Invermay Road, Mowbray, Tas 7248
+10
393A-393B Invermay Road, Mowbray, Tas 7248
  • 10
Property ID: 504770696
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Key property information

Land Size
1,279.00 m2
Zoning
'General Business'
Floor Area
574.00 m2

Affordable Corner Multi Tenanted Investment

393A-393B Invermay Road, Mowbray, Tas 7248
An ideal opportunity for investors seeking to acquire property at an affordable level with tenancy upside.  Leased to long term tenants (average occupancy over 10 years!) this investment offering demonstrates stability whilst sure to deliver consistent growth.

Surrounded by National tenants such as Coles, Zap Fitness, Hungry Jacks, Terry White Pharmacy, CBA plus many more in the immediate locale.

- 2 Titles with combined frontage of over 76m
- Currently split into 4 Tenants to spread investment risk
- Opportunity to divide Opshop into 3 retail tenancies of circa 85m2 each
- Direct exposure to Coles carpark at rear 
- Only 8 minutes from Launceston CBD
- Less than 500m from $43.6million Northern Suburbs Community Recreation Hub (due for completion late 2025)
- Net rental $97,153 excl. GST

For further details contact Blake Shepherd or Joel Harwood.

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Land Size
1,279.00 m2
Address
393A-393B Invermay Road, Mowbray, Tas 7248
Blake Shepherd
Blake Shepherd
Joel Harwood
Joel Harwood
49 Cameron Street, Launceston, Tas 7250
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Email enquiry to Shepherd & Heap Pty Ltd - LAUNCESTON

Blake Shepherd
Blake Shepherd
Joel Harwood
Joel Harwood
49 Cameron Street, Launceston, Tas 7250
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      Property ID: 504770696

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