FOR SALE
OFFERS OVER $96,000+SAV

262 Invermay Road
Mowbray TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Under Management Popular Bubble Tea and Juice Kiosk Mowbray Marketplace

Discover a fantastic chance to own a bustling kiosk in the heart of Mowbray Marketplace, one of the busiest shopping centers in Northern Tasmania.
Snows Tea and Juices sells a range of ice teas, juices, smoothies, shakes and other sweet treats to its customers.
Launched in December 2023, Snows Tea and Juices specializes in a delightful range of bubble teas, iced teas, smoothies, shakes, and sweet treats.
Designed for easy management, this business requires minimal daily involvement from the owner. There is more money to be made for a working owner.
With thousands of shoppers visiting the marketplace daily, this kiosk benefits from exceptional foot traffic. The center's management ensures secure premises and a vibrant shopping environment.
The owner is reluctantly parting with this promising venture to focus on family commitments.
This easy-to-run business comes with all recipes, comprehensive training, and ongoing support from the current owner.
Operating daily from 10 AM to 6 PM with casual staff, it primarily thrives on walk-in customers, complemented by online delivery sales.
Low rent of $519+gst per week, there are about 6 more years remaining on the lease.
Brand new equipment included in the sale is worth more than the asking price.
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Property Details for 262 Invermay Rd, Mowbray

Building Type
Commercial
Floor Size
1m2

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About Mowbray 7248

The size of Mowbray is approximately 9.4 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Mowbray in 2011 was 3,751 people. By 2016 the population was 3,747 showing a population decline of 0.1% in the area during that time. The predominant age group in Mowbray is 20-29 years. Households in Mowbray are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mowbray work in a labourer occupation. In 2011, 51.6% of the homes in Mowbray were owner-occupied compared with 47.9% in 2016.

Mowbray has 1,882 properties. Over the last 5 years, Houses in Mowbray have seen a 62.42% increase in median value, while Units have seen a 60.27% increase. As at 30 September 2024:

  • The median value for Houses in Mowbray is $433,396 while the median value for Units is $351,578.
  • Houses have a median rent of $445 while Units have a median rent of $393.
There are currently 26 properties listed for sale, and 6 properties listed for rent in Mowbray on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Mowbray.

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