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393A-393B Invermay Road
Mowbray TAS 7248
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393A-393B Invermay Road Mowbray TAS 7248

  • Shop & Retail
  • 574 m²
  • For Sale, $1,285,000 (GST na)

Affordable Corner Multi Tenanted Investment

    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.

    Shepherd & Heap Estate Agents
    Shepherd & Heap Estate Agents
    49 Cameron Street
    Launceston, TAS 7250

    Property Highlights

    Floor Area574 m²
    Land Area1,279 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019739911
    Category
    Last updated  22 Jan 2025
    Map for 393A-393B Invermay Road Mowbray TAS 7248

    Nearest transport* to 393A-393B Invermay Road Mowbray TAS 7248

    Bus
    Train
    Tram
    Ferry
    Stop 9, No.385-389 Invermay Rd89 m
    Stop 9, No.258 Invermay Rd166 m
    Stop 10, No.298-308 Invermay Rd275 m
    Stop 10, No.429 Invermay Rd299 m
    Data source: Metro Tasmania Pty Ltd (Metro)
    *Within a 4km radius
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    Shepherd & Heap Estate Agents
    Shepherd & Heap Estate Agents
    49 Cameron Street
    Launceston, TAS 7250

    Property Highlights

    Floor Area574 m²
    Land Area1,279 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019739911
    Category
    Last updated  22 Jan 2025

    Co-Agents

    Blake Shepherd
    Blake Shepherd
    Shepherd & Heap Estate Agents
    Call
    0417 820 820
    Joel Harwood
    Shepherd & Heap Estate Agents
    Call
    0448 820 820

    More about 393A-393B Invermay Road Mowbray TAS 7248

    393a-393b Invermay Road Mowbray TAS 7248 is categorized as Shop & Retail Property. It has a floor area of 574 m² and a land area of 1,279 m². The listing ID for this property is 2019739911.

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