89-95 Invermay Road, LAUNCESTON – Contact Marcus Douglas
Rare Opportunity To Invest In Premium Invermay Road Site Opposite Proposed New University
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.