89-95 Invermay Road, LAUNCESTON – Contact Marcus Douglas

Rare Opportunity To Invest In Premium Invermay Road Site Opposite Proposed New University

Showrooms/Bulky Goods

Attention astute Investors / Developers

Benefit financially from a secure total Net income of approximately $606,000 through to 31st Dec, 2020 allowing ample time to plan to either redevelop, lease or own and occupy.

• Current tenant to vacate the site from 1st Jan, 2021
• Commanding Land area of approx 3017m2 over 2 Titles
• 217m frontage to 3 streets - including 32m to Invermay Road (The Golden Mile)
• Arguably one of the best development sites currently available on Invermay Road with exposure to over 17,000 daily vehicular movements
• Only metres from the $260M UTAS Development
• Current tenant pays all usual outgoings incl. Land Tax

Certainly one for the property portfolio, contact the agent Marcus Douglas for further detail.

Property Info

Agent Contact

Marcus Douglas



Property Type

Showrooms/Bulky Goods

Land Area


Building Area

1020 sqm

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