9 Goodman Court Invermay TAS 7248

Shepherd & Heap Commercial is proud to offer to the market this A class opportunity to acquire an outstanding industrial investment property in Launceston's premium and most desirable 'light industrial' precinct. With stand out appeal thanks to its convenient location so close to the city centre.

Main features of the property include:
Long 10 + 5 + 5 year lease to long standing tenant from July 2012
Built in 2008 providing excellent depreciation benefits
"Light Industrial" zoning overlay providing for broad range of industrial and commercial business applications
Substantial warehouse/showroom facility of some 1,048m2 inclusive of excellent admin, sales and mezzanine areas
Land rich asset with low building to land ratio (45%) and dual cross over providing further development potential for strategic investor/developers
Superior location minutes from North/South highway connections and Launceston CBD
Strong growth area with new and established bulky goods and large format retail outlets including Total Tools, Reece Plumbing, BOC Gas, Blackwoods, Micra Accident Repair Centre and Hotondo Homes in the immediate locale
Armitage Auctions est. 1972; Launceston's only chattels auction house
Net Rent: $119,803pa excl. GST (assuming 1.5% CPI increase as at 1 July 2025)

For further details contact Blake Shepherd or Joel Harwood.