OFF MARKET

275 Invermay Road
Invermay TAS 7248

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 304m2
Land area: 508m2
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Property Details for 275 Invermay Rd, Invermay

275 Invermay Rd, Invermay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 508m2 and floor size of 304m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2016
Floor Size
304m2
Land Size
508m2
Local Government
Launceston
Lot/Plan
65/113040

Last Listing description (August 2022)

Built in 2015, this modern, well appointed and easily accessible Invermay Road property boasts a generous and well exposed open plan layout with approx. 222m2 of air-conditioned light filled space.

With the benefit of excellent main road exposure, multiple onsite car parking and ease of accessibility, we see this modern offering particularly suiting registered NDIS providers.

The property owner is happy to consider provision of some additional office fit-out by negotiation.

- 4 generous onsite car parks
- Benefits a "Commercial" zoning overlay enabling multiple permitted and discretionary uses.
- Outstanding signage potential
- Opposite such majors as Reece Plumbing, Beaumont Tiles and Carpet Court
- Accessible entrance and amenity within

As you are aware Invermay Rd is a very tightly held commercial strip boasting traffic movements exceeding 19,000 AADT movements (Daily) with demand for such tenancies strong.

Shepherd & Heap highly recommends 275 Invermay Road as a sound occupancy space given its 'Golden Mile' location and future upside with evident precinct upgrades.

Occupancy available from 1 July 2022.

For further details contact Blake Shepherd or Joel Harwood.

Property History for 275 Invermay Rd, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$1,040,000
03 Mar 2022
Listed for Rent
$475/w
09 Mar 2023
  • 29 Mar 2022
    Listed for Rent - Price not available
  • 03 Mar 2022
    Sold for $1,040,000
  • 14 Jan 2021
    Listed for Rent $390 / week
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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 2,052 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.