FOR SALE
Offers Over $620,000

3446 Channel Highway
Woodbridge TAS 7162

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 265m2
Land area: 620m2
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WOODBRIDGE VILLAGE STORE

A unique chance awaits to acquire a charming c1900s' building nestled on a 620 sqm parcel of land in the sought-after tourist village of Woodbridge.
This character-filled and charming building has been lovingly held within the same family since the 1940s, eagerly awaiting its next owner.
Well positioned for commercial success, this property boasts prime exposure along the Channel Highway, capturing steady foot and car traffic from both locals and tourists journeying from Hobart down the Channel.
The expansive interior offers versatility, featuring a spacious open area with a front section ideally suited for a delicatessen, currently showcasing premium local Tasmania products. The opportunities are endless! (STCA).
There is a generous area under the entire roof, accessible via a convenient pull-down ladder from the shopfront floor which presents limitless possibilities for business expansion.
Currently under a lease arrangement with a 3 + 3 term (commenced August 2023), lease particulars can be provided upon enquiry, ensuring a seamless transition for prospective buyers.
Completing the offering is a separate storage room, enhancing the practicality and functionality of this promising investment opportunity.
Only the freehold is available for sale, with the business continuing to operate as usual.
• Tank water
• Town sewerage
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Property Details for 3446 Channel Hwy, Woodbridge

Building Type
Commercial
Floor Size
265m2
Land Size
620m2

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About Woodbridge 7162

The size of Woodbridge is approximately 16.3 square kilometres. It has 1 park covering nearly 13.3% of total area. The population of Woodbridge in 2011 was 447 people. By 2016 the population was 492 showing a population growth of 10.1% in the area during that time. The predominant age group in Woodbridge is 50-59 years. Households in Woodbridge are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Woodbridge work in a professional occupation. In 2011, 82.7% of the homes in Woodbridge were owner-occupied compared with 86.3% in 2016.

Woodbridge has 287 properties. Over the last 5 years, Houses in Woodbridge have seen a 52.30% increase in median value, while Units have seen a 220.32% increase. As at 30 September 2024:

  • The median value for Houses in Woodbridge is $855,462 while the median value for Units is $487,089.
  • Houses have a median rent of $538.
There are currently 7 properties listed for sale, and 1 property listed for rent in Woodbridge on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Woodbridge.

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Wendy Wade
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ELDERS REAL ESTATE SOUTHERN TASMANIA
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