SOLD
Sold on 22 Aug 2024 for $405,000

1/309 Invermay Road
Mowbray TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 80m2
Land area: 125m2
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Property Details for 1/309 Invermay Rd, Mowbray

Building Type
Commercial
Year Built
1989
Floor Size
80m2
Land Size
125m2
Local Government
Launceston
Lot/Plan
1/104617

Last Listing description (August 2018)

Opportunity to secure well exposed 'A Grade' office space on the busy Invermay Road arterial. Provides an approximate 112m2 of gross floor space including 3 on site car parking spaces road side.
Comprises a modern reception area, large open plan office space, private office, interview room and DDA compliant amenities providing total flexibility for all office type tenure.
I also note approval granted for a large format sign to the northern face of the tenancy with the landlord also seeking approval for large format street signage.

For further details please contact Blake Shepherd or Joel Harwood

Property History for 1/309 Invermay Rd, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$405,000
22 Aug 2024
Listed for Rent
17 Aug 2018
  • 22 Aug 2024
    Sold for $405,000
  • 04 Jul 2018
    Listed for Rent - Price not available
  • 06 Mar 2018
    Listed for Rent - Price not available
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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 1,881 properties. Over the last 5 years, Houses in Mowbray have seen a 56.76% increase in median value, while Units have seen a 60.35% increase. As at 31 October 2024:

  • The median value for Houses in Mowbray is $428,503 while the median value for Units is $350,006.
  • Houses have a median rent of $445 while Units have a median rent of $400.
There are currently 21 properties listed for sale, and 1 property listed for rent in Mowbray on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Mowbray.

Suburb Insights for Mowbray 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.