Invermay Road: Multi-tenancy investment - around 9.0% Yield
Incorporating two land titles and an expansive land area of approx. 2,266 sqm, this Invermay property has all the features expected of a comfortable investment vehicle.
Supporting three retail tenancies and five budget warehouses, the property, addressed as 190 Invermay Road, has an high exposure frontage to one of Launceston’s busiest thorough-fares and is valuably enhanced by plentiful, on-site parking.
The three retail tenancies, each with a floor area of some 100 sqm, are well established at the site and enjoy customer parking at the front doors.
The five warehouses range from 16...