276 Invermay Road, Mowbray, TAS 7248 | Property Value & History | OnTheHouse
OFF MARKET

276 Invermay Road
Mowbray TAS 7248

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Property Details for 276 Invermay Rd, Mowbray

Building Type
Commercial
Local Government
Launceston

Last Listing description (January 2024)

Long-established florist on main road, central Mowbray, well know and popular source of flowers for all in close proximity.

Well presented, spacious premises, highly visible with large rear storage, car parking.

This easy to operate business is a brilliant opportunity for someone who is looking to purchase a reputed business with excellent clientele.

Potential to grow this business as there is no competition in this suburb. Currently selling through the store and from the online ordering system. There is potential to market using social media, which is a free advertising medium for businesses.

There is heaps of upside/potential to be realised, low ingoing opportunity for a trained florist or a creative person.

Contact Praveen Pant on 0432 256 682 or email admin@tasbps.com.au or Paul Scott business broker, pauls@tasbps.com.au

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF;

Please Note: All figures quoted are approximate

Property Code: 424

Property History for 276 Invermay Rd, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$103,008
19 Jul 1985
  • 16 Jul 2023
    Listed for Sale O/O $29,000 WIWO
  • 05 Oct 2021
    Listed for Sale Offers over $22,500
  • 19 Jul 1985
    Sold for $103,008
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About Mowbray 7248

The size of Mowbray is approximately 9.4 square kilometres. It has 12 parks covering nearly 15.5% of 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 1,909 properties. Over the last 5 years, Houses in Mowbray have seen a 55.10% increase in median value, while Units have seen a 49.03% increase. As at 31 December 2025:

  • The median value for Houses in Mowbray is $475,013 while the median value for Units is $362,700.
  • Houses have a median rent of $460 while Units have a median rent of $425.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Mowbray on OnTheHouse. According to Cotality's data, 89 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.