OFF MARKET

120 Invermay Road
Invermay TAS 7248

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 678m2
Land area: 867m2
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Property Details for 120 Invermay Rd, Invermay

Building Type
Commercial
Floor Size
678m2
Land Size
867m2
Local Government
Launceston

Last Listing description (October 2013)

Warehouse / Showroom - High Exposure
These co joined buildings on Invermay Road are superbly positioned for high visibility from both vehicular and pedestrian traffic. With the entrances to both 120 and 120A Invermay Road leading into office / showroom space with parking right at the door, they are an ideal site for a business requiring easy customer access and a strong street presence. The 2 titles are offered for sale in one transaction. Each building has its own amenities on site and a mezzanine level for additional storage. With a large secure parking area at the rear and roller door access, the site lends itself to a multitude of uses. Purchase and lease to 2 tenants or relocate your business onto the site.
For more information please contact Candice Gillies of NAI Harcourts Tasmania on (03) 6331 0440. Commercial Real Estate Services, Worldwide.

Property History for 120 Invermay Rd, Invermay, TAS 7248

A timeline of how this property has performed in the market
  • 29 May 2013
    Listed for Sale $359,990 PLUS GST

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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 2,050 properties. Over the last 5 years, Houses in Invermay have seen a 58.03% increase in median value, while Units have seen a 46.49% increase. As at 31 October 2024:

  • The median value for Houses in Invermay is $481,704 while the median value for Units is $469,721.
  • Houses have a median rent of $450 while Units have a median rent of $445.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Invermay on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Invermay.

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