55 Invermay Road Invermay TAS 7248

Elders Commercial proudly presents 55 Invermay Road, Launceston, for sale at $1.85m (plus GST if applicable).

55 Invermay Road is currently tenanted with two established takeaway food venues. 'Shah's Kebabs' is 1 year into their 5 - year lease and 'On The Run Takeaway' is about to enter into a new 5 year lease.

The first floor comprises of 2 x 1-bedroom apartments, both tenanted paying an average of $280 per week.

All tenancies include 2 on-site car parks. The property is situated on a site of 549 sqm*, providing a total building area of 372 sqm* and annual returns of $99,044 pa* (net) excluding GST.

Future development may allow for further enhancement of the site given dual access and the large parking area at the rear (STCA).

For a copy of Information Memorandum and further details, please contact Elders Commercial.

*Approx