310-314 Invermay RoadMowbray TAS 7248
Property Details for 310-314 Invermay Rd, Mowbray
Last Listing description (May 2017)
Subject to Lease to ACL until May 2016.
A freestanding building known as Plant 1 of some 4400m* built in 1947 with later additions.
The site contains an area of 6119m* and is currently Zoned "Commercial".
Outstanding opportunity for double digit return with redevelopment potential later on.
Current Rental of $155,342pa Net
The properties benefit from an account established to address any obligations to carry out environmental remediation works on the site. Full asbestos register and environmental reports are available on request.
*approx.
For Sale by Expression of Interest.
Knight Frank Launceston -
Rob Dixon 0408 134 025
Knight Frank Hobart -
Scott Newton 0409 186 261
Knight Frank Melbourne -
James Templeton 0411 525 217
Property History for 310-314 Invermay Rd, Mowbray, TAS 7248
- 19 Mar 2015Listed for Rent - Price not available
- 18 Feb 2015Listed for Rent - Price not available
- 03 Dec 2014Listed for Rent - Price not available
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0About 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.
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