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Back 177 Invermay Road
Off Market

177 Invermay Road

Invermay TAS 7248

3
2
10
179 m²
631 m²
House
Last sold for $510,000
Tim SaundersTim Saunders, last sold this property on 11 August 2025 after 38 days on market.

Overview

Prominent Position, Dual Access & Development Potential – 177 Invermay Road, Invermay

Set in one of Launceston's highest exposure corridors, 177 Invermay Road presents an exceptional opportunity for savvy investors, developers, or owner-occupiers. Zoned Residential but used for commercial purposes over the past decade, this versatile property offers a strong foundation with the flexibility to suit a range of future uses (STCA). Positioned on a bustling main road with significant daily traffic, the site boasts dual street access and on-site parking for up to 10 vehicles — an increasingly rare feature in this location. A rear disability ramp ensures accessible entry, while a high-clearance 6m x 6m garage offers ideal storage for equipment, tall vehicles, or workshop needs. Internally, the property features two bathrooms and three toilets, making it highly adaptable to business, consulting, or community-focused operations. The building itself is spacious with excellent redevelopment potential for those seeking to return it to residential use, configure it for mixed use, or capitalise on the area's commercial demand (STCA). Whether you're envisioning professional offices, a creative workspace, or a modern residential conversion, 177 Invermay Road provides the visibility, scale, and practicality to bring your vision to life. Opportunities in such a prime, high-traffic position are rare. Don't miss your chance to secure a standout site with enormous potential in one of Launceston's key growth corridors.

Features

3 bedrooms
2 bathrooms
10 carspaces
8 open car spaces
2 garage spaces
179 m² floor area
631 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Invermay over the last 12 months, the estimated median property value of 177 Invermay Road is $510k.

Median value
$510k
Estimated value range
$370k - $755k
Median days on market
37
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Invermay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 177 Invermay Road

2025
Rented
Undisclosed
Leased on 13 Nov 2025 by Saunders Property Group
2025
Sold
$510,000
11 Aug 2025 by Tim Saunders, of Saunders Property Group

Happy sellers in Invermay

91%
91% of sellers in Invermay reported that their sale price either exceeded or met their price expectations.

Invermay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Invermay over the last 12 months.

Local market activity for 3 bedroom houses in Invermay

In the last 12 months, 65 three-bedroom houses similar to 177 Invermay Road, have been sold.

This represents a 40% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Invermay

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Richard Bailey

Sellers who recommend Richard Bailey have praised them for being local expert, clear communication, reliable, great negotiation, responsive, supportive and pleasant

  •   5   (49 reviews)
  •  5 Reviews in Invermay
  •  31 Sales in Invermay
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Rae Smith

Rae Smith is a recommended agent for Invermay.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   5   (149 reviews)
  •  3 Reviews in Invermay
  •  3 Sales in Invermay
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Jarrah Burns

Sellers who recommend Jarrah Burns have praised them for being clear communication, local expert, responsive, honest, friendly, reliable and supportive

  •   4.9   (713 reviews)
  •  2 Reviews in Invermay
  •  1 Sale in Invermay
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Jeremy Wilkinson

Sellers who recommend Jeremy Wilkinson have praised them for being clear communication, local expert, responsive, honest, supportive, reliable and friendly

  •   4.9   (883 reviews)
  •  1 Review in Invermay
  •  4 Sales in Invermay
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