OFF MARKET

209 Meander Valley Road
Travellers Rest TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 29137m2
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Property Details for 209 Meander Valley Rd, Travellers Rest

Building Type
Commercial
Land Size
29137m2
Local Government
Meander Valley
Lot/Plan
3/52284

Last Listing description (July 2024)

Price Drop

Highly visible in prominent position on the Bass Highway slip road, 209 Meander Valley Road, which is central and convenient to all Tasmanian town and cities.

Currently there are 9 or more tenants, shed size appox 500m2 with 3 phase power, solar panels, office and retail area.

Three other sheds, 1 x 26m x 8m and 2 x 15 mx10 m only a couple of years old, fully fenced, with 3 phase power on. Comfortable self-contained care takers cottage.

There is surplus land for further development, ideal for self-storage, distribution, sales and non intrusive trade related businesses, stca.

Currently passive income in-excess of $93,000, with definite scope to be increased.

This is a wealth creation property, astute buyers will appreciate the potential.

If you have been looking for a profitable & easy to manage business, then contact Business Brokers Praveen Pant on 0432 256 682 or Paul Scott on 0477 771 098 or email pauls@tasbps.com.au/ praveenp@tasbps.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.

Property Code: 855

Property History for 209 Meander Valley Rd, Travellers Rest, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$350/w
06 Feb 2023
  • 07 Feb 2024
    Listed for Rent - Price not available
  • 18 Jan 2023
    Listed for Rent $350 / week
  • 22 Dec 2022
    Listed for Sale $300,000 WIWO
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About Travellers Rest 7250

The size of Travellers Rest is approximately 6.1 square kilometres. It has 3 parks covering nearly 0.1% of total area. The population of Travellers Rest in 2011 was 246 people. By 2016 the population was 283 showing a population growth of 15.0% in the area during that time. The predominant age group in Travellers Rest is 50-59 years. Households in Travellers Rest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Travellers Rest work in a professional occupation. In 2011, 95.1% of the homes in Travellers Rest were owner-occupied compared with 100% in 2016.

Travellers Rest has 133 properties. Over the last 5 years, Houses in Travellers Rest have seen a 82.33% increase in median value. As at 31 July 2024:

  • The median value for Houses in Travellers Rest is $827,415 while the median value for Units is $278,398.
There are currently 1 property listed for sale, and no properties listed for rent in Travellers rest on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Travellers rest.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.