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Elders Real Estate - Launceston

8-10 Invermay Road Invermay, TAS 7248

Directions

8-10 Invermay Road,
Invermay, TAS 7248

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Zoning

Tenure type

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Elders Real Estate - Launceston
Charles Black
Rob Dixon

Elders Real Estate - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Elders Real Estate - Launceston
8-10 Invermay Road
Invermay, TAS 7248

Map of 8-10 Invermay Road

Directions

One of Launceston's best corner sites

8-10 Invermay Road is located on one of the busiest intersections located on Launceston’s CBD fringe, the intersection of Invermay Road and Forster Street, locally known as the “Forster St Lights”.

With UTAS Stadium on the opposite corner, a United Service Station and a National Windscreen operative on the other corners, this intersection is a gold plated location ideal for retailing/showroom activities that need plenty of exposure and space. The new UTAS Campus is being developed 500 m down the road and Launcestons main big box retail development anchored by Bunnings, JB Hi-Fi, Officeworks, PETstock, The Good Guys, RSEA and ARB is only 2 km away, and McDonalds 1.5 km.

Home to Beaurepaires for many years, the current lease is currently in holdover. This provides a purchaser with the flexibility to either:

1) renegotiate a new lease with the current tenant,
2) occupy as an owner operator, or
3) improve the site with a makeover and seek an alternate tenant.

Large corner sites in such a busy location rarely come to market either to buy or to lease.

Invermay, 7248 demographic data

The median household income for Invermay is $1,128, 8% lower than Regional Tasmania's household income of $1,225. Invermay has a younger age profile compared to the rest of Regional Tasmania (median age 33 vs 45). Property ownership data shows 48% of property owners in Invermay have a mortgage.

3,498
Population
$1,128 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households

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