This iconic building known as James Nelson Pty Ltd in Mowbray has been producing fabrics and materials both overseas and to the general public since 1951.
The property is situated on two titles, (298 - 308 Invermay Road & 25-29 Cadorna Street), with driveway access from Invermay Road & Cadorna Street, totalling 11,785m2 of land area. The excellent road frontage and dominant position close to the Mowbray Shopping and Business Centre presents itself a real opportunity to a buyer in the market today.
As Instructed By The Mortgagee
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 1,906 properties. Over the last 5 years, Houses in Mowbray have seen a 55.90% increase in median value, while Units have seen a 53.66% increase. As at 31 January 2026:
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