Sold
47-53a Invermay Road, Invermay, TAS, 7248
47-53a Invermay Road, Invermay, TAS, 7248
Properties / Sold / Tasmania / Invermay
Development Potential
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1. Property Summary
Land Area
0.64 hectares (*approx)
Selling Method
For Sale: By Offer
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2. Property Highlights
A PREMIUM INVESTMENT
47-53a Invermay Road, Invermay presents an outstanding opportunity to purchase a premium investment with a 10 Year lease with 2 x 5 year options occupied by an iconic and leading automotive group.
The property is positioned opposite the Inveresk precinct, being the proposed site for the University of Tasmania relocation to inner city Launceston. The location is a short 750 meters stroll to the City Centre.
47-53a Invermay Road offers an exceptional investment opportunity with the initial term of the lease expiring 30th Nov 2025, but also a landmark property as one of Launceston’s best positioned future development sites.
Net Income $314,000 per annum approx.
Remember to mention you found this property on DevelopmentReady
Read More
Development Potential
1. Property Summary
Land Area
0.64 hectares (*approx)
Selling method
For Sale: By Offer
2. Property Highlights
A PREMIUM INVESTMENT
47-53a Invermay Road, Invermay presents an outstanding opportunity to purchase a premium investment with a 10 Year lease with 2 x 5 year options occupied by an iconic and leading automotive group.
The property is positioned opposite the Inveresk precinct, being the proposed site for the University of Tasmania relocation to inner city Launceston. The location is a short 750 meters stroll to the City Centre.
47-53a Invermay Road offers an exceptional investment opportunity with the initial term of the lease expiring 30th Nov 2025, but also a landmark property as one of Launceston’s best positioned future development sites.
Net Income $314,000 per annum approx.
Remember to mention you found this property on DevelopmentReady
Read More
