Shop 1, 282 Invermay Road, Mowbray, Tas 7248

Positioned directly in the core of Mowbray’s bustling commercial district, Shop 1, 282 Invermay Road represents a secure, high-performing commercial investment asset. Occupied by an established, long-standing local retailer trading as Sportfirst Mowbray, this property delivers immediate cash flow backed by a 3 year lease term with a further 3 year option.

Investment Summary

- Tenant: Longstanding, trading as Sportfirst Mowbray 
- Lease Term: 3 year term commenced 1st July 2026 with 3 year option following
- Passing Net Income: Reflects market and within market parameters 
- Rent Reviews: Annually to CPI with a market review at the option period 
- Outgoings: 100% recoverable from tenant (Council Rates, TasWater, Land Tax) 
- Title & Zoning: Strata Title with General Business zoning under the Launceston Local Provisions Schedule of the Tasmanian Planning Scheme.

Property & Location Highlights

- Exceptional Exposure: Features expansive plate glass frontage along high-traffic Invermay Road, maximizing visual exposure. 
- Functional Layout: approximately 122m2 of net lettable area (145m2 strata title area) configured with an open plan retail floor, dedicated rear storage, and internal staff amenities. 
- Durable Construction: Generally described as solid brick and concrete build with plate glass frontage, a galvanised iron roof designed for low-maintenance longevity.
- Parking & Accessibility: On street parking at the front with shared common parking at the rear, easily accessible via major arterial routes including the East Tamar Highway and along Invermay Road. 
- Thriving Commercial Hub: Surrounded by national and local anchors, including Coles Supermarket, Mowbray Medical, allied health services, vibrant specialty retail and Mowbray Marketplace shopping centre inclusive of Woolworths Supermarket.

Why Buy?

At an entry-level commercial price point, this property offers an ideal hands-off addition for private investors or Self-Managed Super Funds seeking robust income yields and a foothold in one of northern Tasmania's primary growth corridors. 

Contact Ben Humphreys today to request the Information Memorandum or arrange a private inspection.

The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the property.

Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.