FOR SALE
$575,000

11 Douglas Street
Bicheno TAS 7215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 834m2
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Income Ready

Welcome to 11 Douglas Street, Bicheno - a unique property brimming with potential, variety, and a coastal charm that's hard to find!
With a ready-to-go one-bedroom "shack" affectionately known as the Baby Penguin, this property is already an income-generating holiday rental, providing immediate returns through its successful Airbnb listing.
Adding even more value, the property comes with Council-approved plans to build two architecturally designed, 2-bedroom, 2-bathroom, 2-storey townhouses. These homes are designed to maximize the stunning north and east-facing views that stretch from Whalers Reserve and Cape Lodi to the Bicheno Blowhole, offering the perfect opportunity to capture breathtaking sunrises over the ocean.
Some of the development work is already underway, with sewer and stormwater connections established and connected to the Council mains. Plus, with a No Permit Required Development Application, this property lets you skip the typical red tape. Simply submit Building and Plumbing Approvals to proceed with construction, with no time limitations.
Property Highlights:
• Current Land Size: 834m², approved for a two-lot strata subdivision
• Existing Shack: The "Baby Penguin" Airbnb offers immediate rental income
• Future Development Potential: Build two townhouses, each with double garages
• Flexible Living or Investment Options: Sell one, keep one; rent both; or create a family getaway
• Unbeatable Location: Walkable to Bicheno's town centre, Rice Pebble Beach, and the iconic Blowhole
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Property Details for 11 Douglas St, Bicheno

Building Type
Land
Land Size
834m2

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About Bicheno 7215

The size of Bicheno is approximately 114.5 square kilometres. It has 12 parks covering nearly 42.1% of total area. The population of Bicheno in 2011 was 852 people. By 2016 the population was 945 showing a population growth of 10.9% in the area during that time. The predominant age group in Bicheno is 60-69 years. Households in Bicheno are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bicheno work in a labourer occupation. In 2011, 71.6% of the homes in Bicheno were owner-occupied compared with 73.9% in 2016.

Bicheno has 1,322 properties. Over the last 5 years, Houses in Bicheno have seen a 83.28% increase in median value, while Units have seen a 96.49% increase. As at 31 October 2024:

  • The median value for Houses in Bicheno is $660,264 while the median value for Units is $417,363.
  • Houses have a median rent of $385 while Units have a median rent of $350.
There are currently 30 properties listed for sale, and 1 property listed for rent in Bicheno on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Bicheno.

Suburb Insights for Bicheno 7215

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Paul Whytcross
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Bianca Melling
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Roberts Real Estate Swansea/Bicheno
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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.