FOR SALE
Offers Over $595,000

7 Vicary Street
Triabunna TAS 7190

Bedrooms: 1
Bathrooms: 2
Car spaces: 2
Floor area: 174m2
Land area: 740m2
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Great Opportunity Great Buy - Home & Business

Here's an excellent opportunity for a potential buyer to run their own café and retail business from home or add this property to their investment portfolio. The property is also an ideal investment opportunity for those who want to expand their property portfolio with similar properties.
The council has fully approved the site for a new two-storey building to be built at the back of the existing building. Please contact the agent for an approved site plan.
This property is located at the gateway to Maria Island and boasts a prime position with high traffic flow and close proximity to popular tourist destinations. The building offers a versatile space for both residential and commercial use. Recently renovated, features new large commercial/retail front shop windows, upgraded new wall insulation, the new internal walls have been replaced with thick plywood, fresh paint, and new bathrooms. This property is ideal for those who wish to live and work from the comfort of their own home or for those interested in investing in a promising property.
The sale offers an established and unique business setup that is ready for the new owner to take over and continue to operate as an existing business license while waiting for your new one. There is plenty of opportunity to expand in this niche East Coast tourism market.
If you're looking for a peaceful coastal town to settle down in, with a stable income and a thriving community, while enjoying a lifestyle that meets your needs, then 7 Vicary Street, would be the perfect answer for you. All the essential services and amenities are within walking distance, making it a convenient location.

Property Details for 7 Vicary St, Triabunna

7 Vicary St, Triabunna is a 1 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 740m2 and floor size of 174m2. The place is currently for sale with Raine & Horne Sorell.

Building Type
House
Floor Size
174m2
Land Size
740m2

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About Triabunna 7190

The size of Triabunna is approximately 173.9 square kilometres. It has 16 parks covering nearly 8% of total area. The population of Triabunna in 2011 was 895 people. By 2016 the population was 898 showing a population growth of 0.3% in the area during that time. The predominant age group in Triabunna is 60-69 years. Households in Triabunna are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Triabunna work in a labourer occupation. In 2011, 70.4% of the homes in Triabunna were owner-occupied compared with 68.2% in 2016.

Triabunna has 683 properties. Over the last 5 years, Houses in Triabunna have seen a 91.36% increase in median value, while Units have seen a 86.02% increase. As at 30 September 2024:

  • The median value for Houses in Triabunna is $551,108 while the median value for Units is $471,975.
  • Houses have a median rent of $260.
There are currently 21 properties listed for sale, and 5 properties listed for rent in Triabunna on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Triabunna.

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Greg Jones
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Raine & Horne Sorell
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