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

288 Invermay Road
Mowbray TAS 7248

Bedrooms: -
Bathrooms: -
Car spaces: 24
Floor area: 250m2
Land area: 943m2
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Property Details for 288 Invermay Rd, Mowbray

Building Type
Commercial
Year Built
1984
Floor Size
250m2
Land Size
943m2
Local Government
Launceston
Lot/Plan
8/55757

Last Listing description (March 2018)

The Mowbray Business Centre provides the premiere office building servicing the Northern suburbs of Launceston.
Ideally located in the Mowbray Shopping precinct, the location is within walking distance to the major supermarkets.
The building has been re-furbished with a new lift and entry foyer forming part of the upgrade.

The tenancy provides a Ground Floor suite of approximately 105sqm, at the front of the building with a northerly aspect. The tenancy is currently predominantly open plan, however there is 1 large partitioned room and open plan work area.
Features: air-conditioned, NBN, 2 car parking spaces, natural light, modern amenities.
This tenancy is priced to meet the market, and will provide your business with a terrific profile in the Northern suburbs of Launceston.
A building and tenancy you would be proud for your clients/customers to come into
Asking Rental: $25,000pa + GST + Outgoings.

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Property History for 288 Invermay Rd, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$1,220,000
07 Feb 1997
Listed for Rent
$479/w
05 Mar 2018
  • 23 Mar 2016
    Listed for Rent $300,000 / year
  • 27 Oct 2014
    Listed for Rent - Price not available
  • 19 Jul 2014
    Listed for Rent $25,000 / year
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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 5 properties listed for rent in Mowbray on OnTheHouse. According to Cotality's data, 85 properties were sold in the past 12 months in Mowbray.

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