73 Mayne Street, Invermay, Tas 7248

Block Of Units
Type
6
Bedrooms
4
Bathrooms
6
Parkings

Last updated on Saturday, June 27, 2026 ( See property details for 73 Mayne Street, Invermay, Tas 7248)

$888,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, fully leased multi-dwelling property in Invermay offering immediate income and future growth potential.

🏡 Property Highlights

  • Fully leased with long-term, reliable tenants
  • Comprises four well-maintained units including two two-bedroom and two one-bedroom units
  • Recently repainted with modern finishes throughout
  • Private outdoor areas for tenant relaxation
  • Prime location close to Launceston CBD and Invermay amenities
  • Strong growth prospects with nearby redevelopment projects

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Internal Laundry
  • Ceiling Fans

Invermay is a vibrant suburb just minutes from Launceston CBD, renowned for its revitalisation and growth. Key points include its proximity to major redevelopment projects like the UTAS Stadium, a strong rental market with long-term tenants, convenient access to local amenities such as cafes, schools, and shopping, and a community that benefits from ongoing infrastructure improvements. The area offers excellent potential for investors seeking a high-yield, well-positioned property in a thriving location.

What is the current rental income and lease terms for the units?
The property is fully leased to long-term tenants, providing immediate rental income; specific figures and lease durations can be obtained from the current tenancy agreements.
Are there any upcoming maintenance or renovation works planned for the property?
The property has been recently repainted and well-maintained; any future works would be subject to owner planning and tenant agreements.
What are the zoning and planning regulations applicable to this property?
The property is zoned for residential use within Invermay; detailed zoning information can be obtained from the local council to confirm any future development potential.
Is there any history of flooding, bushfire risk, or other environmental hazards in the area?
Invermay is generally considered a low-risk area; however, potential buyers should review local environmental reports for specific hazard assessments.
Are there any strata or body corporate fees associated with this property?
As a block of units, there may be shared costs; detailed information can be provided by the current owner or managing agent.
Are there any hidden costs or upcoming maintenance expenses not disclosed? Have all necessary planning and building approvals been obtained for any recent renovations? Are there any easements, covenants, or zoning restrictions affecting the property? Is there any history of pest infestations or structural issues? Are there any planned developments or construction projects nearby that could impact the property’s value or livability? What are the details of the current lease agreements, including rent reviews and tenant obligations? Are there any strata or community fees, and what do they cover? Has the property been affected by flooding or bushfire risks in the past? Are there any noise or nuisance issues from neighboring properties? What are the long-term growth prospects for Invermay and surrounding areas?

73 Mayne Street, Invermay, Tas 7248 - More Details

$888,000

Type
Block Of Units
Bedrooms
6
Bathrooms
4
Parkings
6

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