FOR SALE
BY EOI

11 Franklin Street
Swansea TAS 7190

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Exceptional Million $ T/O Restaurant Cafe Takeaway Netting $277k by EOI Very Motivated Vendor

This is a brilliant opportunity, because the business is in a superb location on the Tasman Highway on the ocean side of the road at Swansea, VIEWS TO Kill FOR. Panoramic views of Great Oyster Bay and the Hazards. No need to advertise when you have a location such as this. Situated on the wine route and one of the busiest tourist routes in the state.
This successful business is thriving, situated on a prime tourist route, yet has potential to do more.
Highly profitable, with a turnover in excess of $1m per annum. Income is derived from a combination of licensed restaurant, cafe and takeaway food sales. A working couple will enjoy an adjusted net profit in excess of $280,000, plus more.
Long established, operating Now, new owners will make money from scratch, get in now and enjoy the peak tourist season.
Modern premises, which seats 50 indoors and another 50 plus on the deck. There is a designated Takeaway food and restaurant area, separated by a well equipped commercial kitchen.
Local cuisine, Seafood, Australian, Vegetarian friendly, Vegan options, Gluten free options, offering pizzas, burgers and interesting dishes, with a comprehensive range of wines specialising in Tasmanian wines and spirits.
Experienced and trained staff in place, operating only 52.5 hours per week.
This truly is a once off opportunity, beautiful ocean setting, lifestyle change choice, financially rewarding. All aspects of this business are positive, no downsides, fastidious buyers welcome.
Rated 4 on Trip Advisor rom 960 reviews.
Call Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 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.
See More

Property Details for 11 Franklin St, Swansea

Building Type
Commercial
Floor Size
1m2

Commute Calculator

About Swansea 7190

The size of Swansea is approximately 245.4 square kilometres. It has 17 parks covering nearly 6.8% of total area. The population of Swansea in 2011 was 770 people. By 2016 the population was 858 showing a population growth of 11.4% in the area during that time. The predominant age group in Swansea is 60-69 years. Households in Swansea are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Swansea work in a labourer occupation. In 2011, 76.8% of the homes in Swansea were owner-occupied compared with 70.4% in 2016.

Swansea has 1,026 properties. Over the last 5 years, Houses in Swansea have seen a 103.50% increase in median value, while Units have seen a 42.22% increase. As at 30 November 2024:

  • The median value for Houses in Swansea is $723,009 while the median value for Units is $415,052.
  • Houses have a median rent of $410.
There are currently 28 properties listed for sale, and 1 property listed for rent in Swansea on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Swansea.

Swansea Profile Page

Suburb Insights for Swansea 7190

Visit Swansea profile page
Market Insights
Swansea Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Swansea Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Swansea profile page
Contact agent
Paul Scott
Show contact details
Call agent
Praveen Pant
Show contact details
Call agent
Tasmanian Business and Property Sales
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED