2/268-270 Invermay Road, Mowbray, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

2/268-270 Invermay Road
Mowbray TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 763m2
Land area: 1601m2
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Property Details for 2/268-270 Invermay Rd, Mowbray

Building Type
Commercial
Year Built
1983
Floor Size
763m2
Land Size
1601m2
Local Government
Launceston
Lot/Plan
1/168353

Last Listing description (October 2021)

A fantastic opportunity to secure a prime tenancy in the busy Mowbray retail shopping strip, comprising approx. 280m2 of floor space the tenancy sits among strong brands such as Coles, Noodle Box and Bento whilst also backing onto the busy Mowbray Marketplace home to Woolworths, Target and Chemist Warehouse just to name a few.

Previously occupied by Subway, this large scale tenancy would well suit other national or of course local food operators.

Enormous internal street frontage of over 14 metres

Disabled access and amenities
One allocated car park at the rear plus ample on-street parking
Large 280m2 approx. floor area
Flexible 'General Business' zoning permitting food and retail uses

An excellent opportunity to take your business further and position yourself within this popular, tightly held strip.

For further details contact Blake Shepherd

Property History for 2/268-270 Invermay Rd, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$3,850,000
03 Feb 2025
  • 03 Feb 2025
    Sold for $3,850,000
  • 08 Jan 2021
    Listed for Rent $45,000 / year
  • 06 Mar 2006
    Sold for $675,000
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About Mowbray 7248

The size of Mowbray is approximately 9.4 square kilometres. There are 12 parks, covering nearly 15.5% of the total area. The population of Mowbray in 2016 was 3733 people. By 2021 the population was 4048 showing a population growth of 8.4% in the area during that time. The predominant age group in Mowbray is 20-29 years. Households in Mowbray are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mowbray work in a community and personal service occupation.In 2021, 46.10% of the homes in Mowbray were owner-occupied compared with 47.90% in 2016.

Mowbray has 1,913 properties. Over the last 5 years, Houses in Mowbray have seen a 54.68% increase in median value, while Units have seen a 60.83% increase. As at 30 April 2026:

  • The median value for Houses in Mowbray is $531,567 while the median value for Units is $420,634.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 13 properties listed for rent in Mowbray on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Mowbray.

Suburb Insights for Mowbray 7248

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.