OFF MARKET

277-279 Invermay Road
Invermay TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 400m2
Land area: 986m2
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Property Details for 277-279 Invermay Rd, Invermay

Building Type
Commercial
Year Built
1971
Floor Size
400m2
Land Size
986m2
Local Government
Launceston
Lot/Plan
1/119855

Last Listing description (April 2019)

This outstanding tilt slab corner property is available for the first time offering an enviable corner location amongst strong brands such as Reece Plumbing, Beaumont Tiles, Carpet Court, Radio Rentals and Blackwoods along Launcestons Golden Mile Invermay Road.
Currently configured as 110m2 front showroom with rear storage and warehousing plus circa 160m2 of mezzanine which is addition to the 400m2 building footprint - ideal for storage of small parts to suit the likes of electrical wholesaler, automotive, plumbing etc.
Total building footprint of circa 400m2

Convenient drive in drive out capability
7 carspaces plus additional area over the 996m2 title area
For further details please call Blake Shepherd

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Property History for 277-279 Invermay Rd, Invermay, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$780,000
10 Aug 2012
Listed for Rent
17 Oct 2019
  • 16 May 2019
    Listed for Rent - Price not available
  • 20 Apr 2019
    Listed for Rent - Price not available
  • 26 Apr 2014
    Listed for Sale Not Disclosed
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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 16 properties listed for sale, and 5 properties listed for rent in Invermay on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Invermay.

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