FOR SALE
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43 Forster Street
Invermay TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1950m2
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Secure a key piece of the Launceston construction industry

PlastaMasta Launceston is the sole distributor of Siniat plasterboard, insulation and plastering accessories in Launceston as well as stockists and suppliers of internal lining products from some of Australia’s most reputable brands.
The business is primly positioned in Invermay, in close proximity to the CBD and arterial thoroughfares, surrounded by a myriad of trade and construction aligned business, complementary to the product and service offering provided by this long standing business.
With Tasmania still suffering from a chronic shortage of housing there will be no shortage of demand for construction product services in the years to come, making this an opportune time to secure this long standing and highly regarded business.
Highlights:
- Established business in operation for over 30 years
- Launceston’s sole distributor of Siniat products
- Distributor of James Hardie interior product range
- Lease terms by negotiation
- All plant & equipment inclusive
- Opportunities to expand product ranges and services
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Property Details for 43 Forster St, Invermay

Building Type
Commercial
Floor Size
1950m2

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About Invermay 7248

The size of Invermay is approximately 4.1 square kilometres. It has 9 parks covering nearly 21.5% of total area. The population of Invermay in 2011 was 3,086 people. By 2016 the population was 3,049 showing a population decline of 1.2% in the area during that time. The predominant age group in Invermay is 20-29 years. Households in Invermay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Invermay work in a professional occupation. In 2011, 48.4% of the homes in Invermay were owner-occupied compared with 44% in 2016.

Invermay has 2,058 properties. Over the last 5 years, Houses in Invermay have seen a 64.54% increase in median value, while Units have seen a 50.80% increase. As at 31 August 2024:

  • The median value for Houses in Invermay is $493,528 while the median value for Units is $465,888.
  • Houses have a median rent of $450 while Units have a median rent of $440.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Invermay on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Invermay.

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Andy Howell
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Ben Galvin
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Howell Property Group
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