OFF MARKET

21/27 Gleadow Street
Invermay TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 10
Floor area: 3m2
Land area: 958m2
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Property Details for 21/27 Gleadow St, Invermay

21/27 Gleadow St, Invermay is a 3 bedroom, 1 bathroom House with 10 parking spaces and was built in 1910. The property has a land size of 958m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in April 2011.

Building Type
House
Year Built
1910
Floor Size
3m2
Land Size
958m2
Local Government
Launceston
Lot/Plan
7/220639

Last Listing description (December 2015)

Located in the bustling suburb of Invermay this property has something for every type of buyer. Currently set up to accommodate 3 separate uses and zoned accordingly, the potential here is endless STCA.
Boasting coveted street front access, the first section has been set up as a reception area and office spaces with amenities. Privately located behind this is a neat and tidy 3 bedroom home with well appointed kitchen, open plan living area, ample stage options and ensuite. The house has it s own private courtyard and carport, making for ease of use and leasing potential.
To the rear of the property are 2 secure 6 car garages, plus double carport, workshop and off street parking for up to 10 additional vehicles, with the added benefit of an additional restroom.

In the past this property has served as head quarters for a local car hire business, a family home and was also a mechanic s workshop space. Currently zoned Business/Residential (C0), the possibilities are endless. Whether you want to live where you work or you are looking to purchase an investment property with the potential for multiple income source, then look no further. Phone to book your private inspection now.

Property History for 21/27 Gleadow St, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$370,000
08 Apr 2011
  • 29 Oct 2015
    Listed for Sale $269,000
  • 08 Apr 2011
    Sold for $370,000
  • 17 Aug 2005
    Sold for $200,000
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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 2,054 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 15 properties listed for sale, and 5 properties listed for rent in Invermay on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Invermay.

Suburb Insights for Invermay 7248

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.