Fronting Invermay Road, at the "expansion" fringe of Mowbray's commercial precinct, this significant property currently produces a strong rental income flow together with identifiable future development value.
• Generates gross passing rent of $114,000 pa
• Zoned "Urban Mixed Use" (Launceston Planning 2015)
• Valuable land holding of 3,490 sqm*
• Gross building footprint of 1,382 sqm*
• Warehousing, offices, apartment, parking
• Major road frontage of 52 metres*
