8-10 Invermay Road is located on one of the busiest intersections located on Launceston’s CBD fringe, the intersection of Invermay Road and Forster Street, locally known as the “Forster St Lights”.
With UTAS Stadium on the opposite corner, a United Service Station and a National Windscreen operative on the other corners, this intersection is a gold plated location ideal for retailing/showroom activities that need plenty of exposure and space. The new UTAS Campus is being developed 500 m down the road and Launcestons main big box retail development anchored by Bunnings, JB Hi-Fi, Officeworks, PETstock, The Good Guys, RSEA and ARB is only 2 km away, and McDonalds 1.5 km.
Home to Beaurepaires for many years, the current lease is currently in holdover. This provides a purchaser with the flexibility to either:
1) renegotiate a new lease with the current tenant,
2) occupy as an owner operator, or
3) improve the site with a makeover and seek an alternate tenant.
Large corner sites in such a busy location rarely come to market either to buy or to lease.
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8-10 Invermay Road, INVERMAY, TAS, 7248