17-23 Montagu Street Invermay TAS 7248

Shepherd & Heap Commercial is proud to offer to the market this unprecedented opportunity to acquire an outstanding industrial investment property. Situated in the city's industrial heartland of Invermay 17-23 Montagu Street's standout appeal is its superior location and profile further enhancing the property's value.

Main features of the property include:
- Strategic large scale site - 5,844m2 land area comprised in one clear title
- Light Industrial zoning overlay providing for broad range of industrial and commercial business applications
- Substantial warehouse/workshop facility of some 1,808m2 metres inclusive of excellent admin, sales and mezzanine areas
- Land rich asset with low building to land ratio (less than 35%) providing further development potential for strategic investor/developers
- High profile corner position minutes from North/South highway connections and Launceston CBD
- Strong growth area with new and established bulky goods and large format retail outlets including Bunnings, Nubco, The Good Guys, Officeworks, RSEA, TKD Tools, JB HiFi and Harvey Norman DC all in the immediate locale
- Currently leased to local subsidiary of global giant Genuine Parts Company (NYSE:GPC)

17-23 Montagu Street is unsurpassed as a quality asset for investors, developers or indeed future owner occupiers.