218 Invermay Rd, Mowbray is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 700m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Sitting on a 700m2 block in the ever popular area of Mowbray, this fabulous old Federation home is now 2 separate units. Both have 2 bedrooms and large lounge rooms. Both have stunning polished floor boards, old mantle pieces and lovely modern kitchens. Wiring has been updated so each unit has a reverse cycle air conditioner. Best of all, both units have great tenants paying $210 per week. Located half way between the New University and Maritime College and with a bus stop just meters away. So with a weekly income of $420 this could be a great investment to add to your portfolio. Additional land both front and back offers the possibility of further development STCA.
Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
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:
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