Unit 5, 118-120 Invermay Road,
Invermay, TAS 7248
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Elders Real Estate - Launceston
54 Cameron StreetLAUNCESTON, TAS 7250
Unit 5, 118-120 Invermay Road
Invermay, TAS 7248
Map of Unit 5, 118-120 Invermay Road
Double-dip opportunity "Retail" on maximum traffic Invermay Road
Why a double-dip opportunity ? A choice between pure investment or part income, part occupy.....
Currently with two income streams from two tenants, the property has frontage to a leading, high traffic-flow main road.
Comprising a perfect "factory style" design and construction, the property likely allows for owner occupancy to the front half supported by a leased income-stream from a tenant of the balance.
The retailing frontage is currently leased but can be vacated by negotiation. The rear half is leased to adjoining business operation.
The current income level is approximately $38,000 p/a, or if using the front portion yourself, the income from the rear tenancy is approx. $20,000 p/a. The latter may be just the key to securing a property in a high exposure location.
Currently with two income streams from two tenants, the property has frontage to a leading, high traffic-flow main road.
Comprising a perfect "factory style" design and construction, the property likely allows for owner occupancy to the front half supported by a leased income-stream from a tenant of the balance.
The retailing frontage is currently leased but can be vacated by negotiation. The rear half is leased to adjoining business operation.
The current income level is approximately $38,000 p/a, or if using the front portion yourself, the income from the rear tenancy is approx. $20,000 p/a. The latter may be just the key to securing a property in a high exposure location.
Property ID: 504473404Last Updated: 30 Apr 2024
Elders Real Estate - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Elders Real Estate - Launceston
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
330-336 Invermay Road,Mowbray, TAS 7248 1392 m²Shops & Retail • Showrooms & Large Format Retail
Contact Agent
Nubco Hardware, 93 Forster Street,Invermay, TAS 7248 2490 m²Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail
