Located on Gleadow Street, this site sits on 2 titles and is one of the last remaining undeveloped blocks in the ever growing Invermay big box precinct.
What is extra appealing about this transaction is the potential holding income via the 3 bedroom, 1 bath weatherboard dwelling situated on the eastern title, with the other title a vacant blank canvas.
Take advantage of the 1178m2 in total land size that is zoned 'Light Industrial', to develop the site (STCA) which sits amongst complimentary commercial businesses and along side the big box precinct housing the likes of The Good Guys, Harvey Norman & Bunnings.
The 35m Gleadow Street frontage offers exceptional exposure and the updated highway intersection provides easy access.
- Development opportunity
- 2 adjoining allotments with existing weatherboard house
- Existing holding income from the house ($380/week)
- Zoned Light Industrial (18.0)
- Easy access to arterial roads into Launceston CBD & further on to Midland Highway
For more information on this property please contact Andy or Ben at Howell Property Group.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.
