$190,000
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1 Read Street, Rosebery TAS 7470

House
116
Block size: 482 m² approx.

Rev Up Your Investment Portfolio! Prime Workshop Opportunity!

Fuel your financial success with a unique investment opportunity in the heart of Rosebery on the West Coast Tourist road of Tasmania. We present to you the iconic old service station that's not just a piece of history but a golden ticket to future prosperity with a gross rental yield of 9.3%. Rosebery sits in a rich area of mining, tourism, mountain biking, fishing, hiking and water adventures.
This property boasts a well-divided layout, featuring a spacious showroom area (4.2m x 10.8m approx), workshop (8.7m x 11.3m approx), a functional kitchen, and a convenient storage room. The thoughtful design caters to a variety of businesses, making it a canvas for your investment dreams.
Need a space for heavy-duty projects? We've got you covered with a separate workshop that's 8m x 13.5m, complete with 3-phase power. The separate workshop, is ready for your strategic decision. Renew the lease or explore new ventures- this powerhouse is a versatile addition to your investment arsenal.

There are 3 current tenants, returning $340 per week. Each tenant is prepared to sign a 12-month lease or vacate, providing you with flexibility. You can either continue the existing leases, securing immediate returns, or collaborate with tenants to explore new opportunities for mutual growth.
Workshop equipment included in the sale consists of 4 post hoist (near new), Metal band saw, John Heine flypress, Toolroom milling machine & AL51G bench lathe.

Positioned on the main highway through Rosebery, this investment gem sits on the West Coast Tourist road, a hotspot for travelers and locals alike. Benefit from the constant flow of traffic, ensuring a steady stream of potential customers for your business.
Rosebery's growth as a tourist destination makes this property a strategic investment. Whether you're looking to start a new business, expand your portfolio, or redevelop for maximum returns, this is your chance to tap into the economic pulse of the region.

Why Invest in Rosebery?

• Growing Tourist Traffic
• Proximity to Key Attractions
• Economic Development Initiatives
• Community-Focused Atmosphere

Features
• PID 6027706
• Zoned Rural
• Yearly Council rates $1500
• Crown land adjoining property
• Town water & sewer serviced
• Old service station (petrol tanks decommissioned)

Call Jenelle to discuss further or to organise inspection

Inspections

No open inspections scheduled.

Send an enquiry

Contact Rodney Triffett to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Garage Spaces:
6
Property type:
House
Block Size:
482 *

Other Details

Volume:
1
Folio:
212821
Legal description:
212821/1
Harcourts West Coast

Maps and area information

Block information
Block size: 482 (approx)
Legal description: 212821/1
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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What's nearby

Rosebury District High SchoolHigh School
0.4km
Rosebery Community HospitalHospital
0.1km
Rosebery Post OfficePost Office
0.5km

Property history

We couldn't find any history for this property.
See Rosebery's suburb profile

Rosebery suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
752
Listing ID: 182095505. This listing has been viewed 49 times. It was first displayed on 16/11/2023 and last updated on 24/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.