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55 Invermay Road

Invermay TAS 7248

For Sale at $1,850,000

High Profile Mixed Tenanted Investment

Elders Commercial proudly presents 55 Invermay Road, Launceston, for sale at $1.85m (plus GST if applicable).

55 Invermay Road is currently tenanted with two established takeaway food venues. ‘Shah's Kebabs’ is 1 year into their 5 - year lease and ‘On The Run Takeaway’ is about to enter into a new 5 year lease.

The first floor comprises of 2 x 1-bedroom apartments, both tenanted paying an average of $280 per week.

All tenancies include 2 on-site car parks. The property is situated on a site of 549 sqm*, providing a total building area of 372 sqm* and annual returns of $99,044 pa* (net) excluding GST.

Future development may allow for further enhancement of the site given dual access and the large parking area at the rear (STCA).

For a copy of Information Memorandum and further details, please contact Elders Commercial.

*Approx

Features

General Features

  • Commercial Type: Retail
  • Building Area: 372sqm
  • Zoning: Local Business

Can I afford 55 Invermay Road?

With access to the best on offer from 30 lenders and complete support and advice from pre-approval to settlement, you can trust an Elders Home Loans broker to find a quick and simple solution.

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Elders Real Estate Launceston

Enquire about 55 Invermay Road, Invermay, TAS, 7248

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