162-164 Invermay Road,
Launceston, TAS 7250

Warehouse, Factory & Industrial

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Parking info

Tenure type

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Map of 162-164 Invermay Road

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EXCELLENT INVESTMENT OPPORTUNITY - BOC AS 'ANCHOR TENANT' - QUALITY BUILDING - PRIME LOCATION

This quality commercial property, situated at 162-164 Invermay Road alongside Blackwoods and Linfox, is leased in three tenancies having a total of some 1294 sq metres of warehouse (includes canopy) and showroom/office areas. 'Anchor' tenant is BOC, a multi national company - Ericssons and Tas Scale Co. are the other two tenants. Total rent income is some $99,800 pa rent with virtually all rates and land tax recovered as outgoings from tenants. Presents as a quality investment opportunity with added advantage of the multiple
tenancy mix.

FOR SALE NOW - CONTACT IAN SINGLINE ON 0419 8208... FOR FURTHER DETAILS

Launceston, 7250 demographic data

The median household income for Launceston is $1,439, 17% higher than Regional Tasmania's household income of $1,225. Launceston has a younger age profile compared to the rest of Regional Tasmania (median age 41 vs 45). Property ownership data shows 34% of property owners in Launceston have a mortgage.

3,110

Population

$1,439 per week

Median household income

41 years

Median age

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Most residents

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Most households