170-178 Invermay Road,
Launceston, TAS 7250

Warehouse, Factory & Industrial

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Map of 170-178 Invermay Road

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BLUE CHIP INVESTMENT – 10 YEAR LEASE TO BLACKWOODS -QUALITY SHOWROOM/WAREHOUSE BUILDING – PRIME BUSINESS ADDRESS

This most impressive property on Invermay Road, a major city arterial road and strong business precinct, features some 2900 sq metres site area (zoned 'Commercial') and a substantial showroom/warehouse building of 1188 sq metres all in excellent order. Blackwoods, part of the Wesfarmers conglomerate, underpin the investment and are to renew their lease for a further term of ten years - new rent expected to be a total of some $137,000 p.a net after showroom extensions/upgrade and car park work by owner.
FOR SALE NOW - CALL 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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