328B Invermay Road, Mowbray, Tas 7248

Supporting multiple tenancy areas from self-storage "units" to near 1,900 sqm of one floor., the property is valuably situated next door to the new Mowbray Sport and Recreation Hub and accessed via a ROW from Invermay Road.
The two major tenancy areas support a retail / wholesale supplier (lower level) and a professional scaffolding company (upper level). Seven further tenancies range from self storage units on a week by week basis, together with casual storage users.

The property illustrates as likely presenting re-development scope, and / or retaining the current use with the regular and casual income streams. currently generating an estimated net return of $185,000* per annum.
An ideal property for a "hands-on" owner seeking a project of significance.

For Sale at $1.85 million, approximating 10 %* return