Offers over $1.1 million
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291 Gravelly Beach Road, Gravelly Beach TAS 7276

House
64
Block size: 2621 m² approx.

Unique Residential and Commercial Investment

Very rarely can you find a mixed use property that combines business with residential spaces.

The offering comprises a commercial café space, with a 5 year lease with options for a further 5 years, and 3 residential tenancies leased with secure tenants.

The Tamar River enhances the ambience of the location while the proximity to the water also complements the lifestyle that is enjoyed by the residential tenants and traffic to the cafe. In addition, two further dwellings, each entirely independent, deliver pleasing investment returns on an allotment where second access from Archer Street inspires consideration of development scope if so desired, STCA.

It's location on the Tamar Wine Route attracts a good flow of local, interstate and international trade.
Cafe Lease 5yrs with a 5 yr option.
Residential leases all annual.

Total approximate gross income: $77,532
Further details available on request

Features include: Air conditioning,Broadband internet access,Built in wardrobes,Close to Schools,Close to Shops,Close to Transport,Electric Hot Water Service,Outdoor Entertaining,Ensuite,Water Views

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Bedrooms:
6
Bathrooms:
4
Property type:
House
Block Size:
2621 *

Other Details

Volume:
1
Folio:
49881
Legal description:
49881/1
 Knight Frank - Launceston

Maps and area information

Block information
Block size: 2621 (approx)
Legal description: 49881/1
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.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
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.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Exeter Primary SchoolPrimary School
1.5km
Exeter SchoolHigh School
1.5km
West Tamar Health & Community ServiceHospital
17.7km
Aus Maritime College B PointCollege
19.5km
Gravelly Beach Post OfficePost Office
0.1km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
24 Jun 2013
Sold
$270,000
Contract: 24/06/2013
Block size: 2621m²
Purpose: House & flat/s
15 Apr 2004
Sold
$306,000
Contract: 15/04/2004
Block size: 2621m²
Purpose: House & flat/s
13 Nov 1998
Sold
$110,000
Contract: 13/11/1998
Block size: 2621m²
Purpose: House & flat/s
13 Dec 1992
Sold
$95,000
Contract: 13/12/1992
Purpose: House & flat/s

Gravelly Beach suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
45 years
Population
641
Listing ID: 182147474. This listing has been viewed 29 times. It was first displayed on 06/12/2023 and last updated on 23/04/2024.
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.