Whole of Property/20-26 Invermay Road Invermay TAS 7248

We are pleased to offer to the leasing market this high-profile site in a strategic main road position close to Launceston CBD.

Invermay Road is one of the premier precincts for large format retail, automotive, and commercial showroom operations, benefiting from approximately 20,000* vehicle movements per day.

This site provides a valuable 80-metre retail frontage to Invermay Road, making it highly visible to large traffic volumes, with a total site area of approximately 5,165 sqm*.

Comprising renovated offices of 200 sqm* with a glass front facade and multiple rear workshops, this property offers flexibility for prospective tenants.

Available for sub-lease, the property offers the flexibility to be divided into two distinct sections.

The larger section provides an opportunity for tenants to secure the office, showroom, rear workshops, and surrounding hardstand, covering approximately 3,650 sqm*.

The smaller section allows tenants to secure the workshop, site office and surrounding hardstand, covering approximately 1,500 sqm*.

With the head lease having almost 1 year and 6 months remaining on the initial term and 3 further terms of 5 years each, this sub-lease arrangement offers both short-term opportunities and long-term leasing security.