4+6-8 Mowbray Street,
Launceston, TAS 7250

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Sold on

Map of 4+6-8 Mowbray Street

Directions

SOLD Under the Hammer

Operate your business from your own realestate or simply invest for the future!

4 & 6 8 Mowbray Street both represent as ideal owner-occupier warehouses facilitating the growth from tenants moving away from leasing into owning, given current positive interest rates.

We expect the market for these properties to be broad with owner occupiers for the different components, neighboring property owners and investors all being potential buyers. Mowbray Street being a strong industrial precinct indicates demand should also be strong.

4 Mowbray street has a Planning Permit in place to demolish the old dwelling: Permit No DA0400/2014 making way for further development / parking.

Both warehouses are for sale by Auction, can be sold in one line or individually.

Indicative measurements:
4 Mowbray St, Land 700m2, Building 203m2
6-8 Mowbray St, Land 1260m2, Building 600m2
Zoned: Light Industrial

Auction will be held on site Friday 4th March, 12.30pm Sharp.
Open for Inspection: Thursday, Feb 4th, 11th, 18th, 25th,Mar 3rd 5.00 - 5.30pm

Contact the Agent Marcus Douglas for an Information Memorandum, see you at the open.

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