41 & 43-47 Forster Street Invermay TAS 7248

Shepherd & Heap is proud offer to the market this unprecedented opportunity to acquire such a highly exposed, dual fronted, large scale commercial holding underpinned by secure lease over 24% of the property, allowing developers or occupiers to benefit from steady income stream with immense development upside from the remainder of the property.

Features include:
5,572m2 land area comprised in one clear title with option for additional 873m2 title
2,880m2 approx. building area currently configured into two tenancies excl. House
Land rich asset: 48% developed
Combined frontage of over 62m across both titles
Situated less than 5 minutes from Launceston City, neighbouring McDonalds and surrounded by popular bulky goods outlets including Bunnings
Benefitted by 17.0 Commercial Zoning overlay suiting a plethora of uses with pathways for bulky goods sales, equipment sales and hire, storage, accommodation, retail and much more stca.

Truly a generational opportunity to acquire this golden multi-tenancy commercial site in an A1 location.

For Sale by Offer Closing 30 October 2024 at 4pm.

Contact Shepherd & Heap Commercial for a copy of the Information Memorandum.