60 Invermay Road
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About this property
This versatile property presents a compelling opportunity for investors looking to expand their rental portfolio with a multi-income asset. Configured as three separate, self-contained units, the property is ideally suited to generate multiple rental streams from a single title. Each unit offers independence and privacy, making the property attractive to a wide range of tenants and helping to reduce vacancy risk. The established layout allows for immediate income potential, while also offering flexibility for future value-add strategies such as rental optimization or targeted upgrades. Set on a well-maintained site with excellent street presence, this is the kind of asset that works hard for youwhether you're a seasoned investor or looking to secure your first multi-unit holding. Contact us today to arrange your inspection or alternatively, buy now and reap a fabulous rental return whilst planning to restore the home to its original single dwelling status and take advantage of the lifestyle Invermay has to offer! Land size: 920m2 approx. Year built: 1900 Rental estimate: $895 per week across all 3 units Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 3
- Parking
- 3
- Land Area
- 920 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Invermay
This 4-bedroom house in Invermay, TAS 7248 sits within reach of public transport, local shops and nearby schools. It is listed 22% above the $575,000 median of 57 comparable houseswithin 5 km.
Schools near Invermay
- Invermay Primary Schoolprimary · K-6 · CoEd
- St Finn Barr's Catholic Primary Schoolprimary · Prep-6 · CoEd
- Launceston Big Picture Schoolsecondary · 9-12 · CoEd
What's nearby
- Invermay Rd Stop 6 Out (bus) — 101 m away
- IGA X-press Invermay — 128 m away
- Caledonian Square — 171 m away
- Queen Street Park — 202 m away
- Monash Reserve — 233 m away
Invermay at a glance
Full suburb profile- Population
- 3,498
- Median age
- 33
- Household income
- $1,128/wk
- Median rent
- $285/wk
- Median mortgage
- $1,092/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Invermay price trend
Median sold · House 4 bed
Compound growth -0.4% / yr over 4 yrs
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Full Invermay marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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