OFF MARKET

10-12 Mckenzie Street
Mowbray TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 664m2
Land area: 3779m2
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Property Details for 10-12 Mckenzie St, Mowbray

Building Type
Commercial
Year Built
2018
Floor Size
664m2
Land Size
3779m2
Local Government
Launceston
Lot/Plan
2/175296

Last Listing description (August 2021)

Set within the tightly held McKenzie Street "light Industrial" and "commercial" precinct, this professionally presented warehouse and offices property is exceptional.
Secured by two Titles, the expansive land-holding of approximately 3,779 sqm, affords a very versatile property eminently enhanced by a high-bay warehouse of around 290 sqm, together with two level offices expanding to some 200 sqm.
The main access to the property is via nearly 40 metre frontage to McKenzie St. and supplementary access is via Conway Street.

McKenzie Street Title, (zoned "Light Industrial") holds the main building, with the balance of that Title being fully concreted hardstand. Conway Street Title (zoned "Commercial") holds an ancillary, three-bay workshop, with the balance yard "sealed" with compacted gravel.
In total, the property, sets a professional standard in a prized location, which has been fruitful to the current Owners business such that the Owner has now outgrown the site.

Property History for 10-12 Mckenzie St, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$1,870,000
15 Jun 2021
Listed for Rent
$767/w
14 Mar 2015
  • 15 Jun 2021
    Sold for $1,870,000
  • 04 Nov 2020
    Listed for Sale Expressions of Interest
  • 31 Jan 2018
    Sold for $385,000
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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 1,882 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, 96 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.