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330-336 Invermay Road Launceston, TAS 7250

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330-336 Invermay Road,
Launceston, TAS 7250

Warehouse, Factory & Industrial • Development Sites & Land

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of 330-336 Invermay Road

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Another one SOLD by Knight Frank

Fronting Invermay Road, at the "expansion" fringe of Mowbray's commercial precinct, this significant property currently produces a strong rental income flow together with identifiable future development value.

• Generates gross passing rent of $114,000 pa
• Zoned "Urban Mixed Use" (Launceston Planning 2015)
• Valuable land holding of 3,490 sqm*
• Gross building footprint of 1,382 sqm*
• Warehousing, offices, apartment, parking
• Major road frontage of 52 metres*


*Approx

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
Renters
Most residents
Families
Most households
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330-336 Invermay Road
Launceston, TAS 7250

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