Sold
By Negotiation
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52 Invermay Road, Invermay TAS 7248

House
315
Block size: 517 m² approx.House size: 293 m² approx.

Beautiful Landmark Retail/Residential Property

This magnificent Inter-war Art Deco/Functionalist building, Circa 1938, is being offered for sale for the first time in decades. Listed in the Post Office Directory in 1940 as the Launceston Bank for Savings with KR Westbrook as Manager. This would have to be one of Invermay's most recognisable landmarks for a generation of Launcestonians and is one of the many works designed by Roy Smith & Hubert S East prominent architects back in the day in Launceston.

Externally the building is in excellent shape with a low maintenance colorbond roof and professionally painted only a couple of months ago. The title includes five car spaces. Zoned 'Inner Residential', the ground floor portion of the property has also been utilised variously as a Pharmacy, Post Office and more recently as retail space but is offered for sale with vacant possession due to the retirement of the current tenants. The space is mainly open plan with a storeroom, kitchenette and bathroom/disabled toilet and 2 entrances including flat, disabled-friendly access. The location is brilliant from a profile perspective and offers an owner-occupier a completely blank canvas to configure any number of office/retail layouts. Upstairs is a very tidy 2-3 bedroom unit with entry via an external staircase currently leased until the end of April 2024.

The Invermay-Inveresk Precinct is continuously on the rise, and we believe this is a great alternative for a business currently paying rent to purchase, relocate and utilize the income from the unit to offset overheads.

52 Invermay Road at a glance:
• Magnificent Inter-war Art Deco building circa 1938
• Commercial space downstairs with toilet, kitchen and storage
• Separate 2-3 bedroom unit upstairs
• Title includes five car spaces
• Brilliant location, zoned 'Inner Residential'


"Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only."
Features
  • Allocated Car Spaces

Inspections

No open inspections scheduled.

Send an enquiry

Contact Jess Christmas and Michael Walsh to learn more about this property, request an inspection or take an online tour.

Property walkthrough

Key details

Bedrooms:
3
Bathrooms:
1
Parking:
5
Property type:
House
Block Size:
517 *
House Size:
293 *

Other Details

Volume:
1
Folio:
150129
Legal description:
150129/1
Roberts Real Estate Launceston

Maps and area information

Block information
Block size: 517 (approx)
Legal description: 150129/1
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Enrolment areas for ACT public schools.

What's nearby

Invermay Primary SchoolPrimary School
0.5km
Riverside High SchoolHigh School
3.2km
St Lukes Private HospitalHospital
1.8km
Shopping CentreMajor Shopping Centre
1.6km
Australia PostPost Office
0.1km
Tafe - High Street CentreTafe
1.5km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
25 Mar 2024
Sold
Roberts Real Estate Launceston
Contract: 25/03/2024
Listed: 06/12/2023
Days on market: 110
Block size: 517m²
Transfer type: Full transfer
04 Feb 1997
Sold
$114,000
Contract: 04/02/1997
Block size: 878m²
Purpose: Mixed-shops/offices

Invermay suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
33 years
Population
3,498
Listing ID: 182149191. This listing has been viewed 30 times. It was first displayed on 06/12/2023 and last updated on 23/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.