55 Invermay Road,
Invermay, TAS 7248
Shops & Retail
Price information
Sale
For Sale at $1,850,000
Key property information
Floor area
Parking info
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Elders Real Estate - Launceston
54 Cameron StreetLAUNCESTON, TAS 7250
55 Invermay Road
Invermay, TAS 7248
Map of 55 Invermay Road
Bus stops within 5 km of 55 Invermay Road, Invermay, TAS 7248 Distance Stop 3, Invermay Rd 164 m Stop 4, York Park 199 m Stop 4, Invermay Rd 203 m Opposite 63 Holbrook St 225 m Inveresk Rail Yards 228 m POWERED BY HERE ©
POWERED BY HERE ©
High Profile Mixed Tenanted Investment
- Net Income of $99,044 pa*
- Mixed Residential/Commercial Investment
- Off Street Carparking
Elders Commercial proudly presents 55 Invermay Road, Launceston, for sale at $1.85m (plus GST if applicable).
55 Invermay Road is currently tenanted with two established takeaway food venues. ‘Shah's Kebabs’ is 1 year into their 5 - year lease and ‘On The Run Takeaway’ is about to enter into a new 5 year lease.
The first floor comprises of 2 x 1-bedroom apartments, both tenanted paying an average of $280 per week.
All tenancies include 2 on-site car parks. The property is situated on a site of 549 sqm*, providing a total building area of 372 sqm* and annual returns of $99,044 pa* (net) excluding GST.
Future development may allow for further enhancement of the site given dual access and the large parking area at the rear (STCA).
For a copy of Information Memorandum and further details, please contact Elders Commercial.
*Approx
55 Invermay Road is currently tenanted with two established takeaway food venues. ‘Shah's Kebabs’ is 1 year into their 5 - year lease and ‘On The Run Takeaway’ is about to enter into a new 5 year lease.
The first floor comprises of 2 x 1-bedroom apartments, both tenanted paying an average of $280 per week.
All tenancies include 2 on-site car parks. The property is situated on a site of 549 sqm*, providing a total building area of 372 sqm* and annual returns of $99,044 pa* (net) excluding GST.
Future development may allow for further enhancement of the site given dual access and the large parking area at the rear (STCA).
For a copy of Information Memorandum and further details, please contact Elders Commercial.
*Approx
Property ID: 504703136Last Updated: 16 Oct 2024
Elders Real Estate - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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