OFF MARKET

20 Falmouth Street
Avoca TAS 7213

Bedrooms: -
Bathrooms: -
Car spaces: 9
Floor area: 558m2
Land area: 3035m2
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Property Details for 20 Falmouth St, Avoca

Building Type
Commercial
Year Built
1951
Floor Size
558m2
Land Size
3035m2
Local Government
Northern Midlands
Lot/Plan
1/48792

Last Listing description (May 2020)

Here's your opportunity to own your own regional Tasmanian Hotel for less than the cost of a home.

Situated on the main route between the Midland Highway and the north east coastal region, this classic country Hotel has excellent exposure and is the only Hotel for km's in each direction. Conveniently located across the road from the main shop in town which serves as a stopping point for locals and travellers alike.


Avoca is a quaint country town, surrounded by scenic farmland near the intersection of the beautiful South Esk and St Paul's Rivers. Nearby is the majestic Ben Lomond mountain range which offers skiiing and other snow-related activities in winter. Travel time to both Launceston and the stunning beaches of east coast of Tasmania is under an hour, and you can get to the airport in around 45 minutes or less.

There are opportunities here for a new and energetic owner to revamp the Hotel and make the most of its potential, whether that be as tourist accommodation, restaurant or classic country pub. There is such little competition in the area that live music or other entertainment would be a draw-card for people from many kilometres away, and in the right hands this place could once again thrive. Alternatively, if you are not inclined to run a pub, you might wish to turn the Hotel into a large family home (STCA) or simply run it as an accommodation, dining or bed & breakfast establishment.

Currently operating on a very limited basis, the potential of this Hotel lies in its position, infrastructure and the fact that it is still currently licensed. The freehold includes a large piece of vacant land next to the Hotel building and the price includes all fittings and fixtures. Jump in and start serving beer!

Contact the Tasmanian Hotel Specialist, Paul Scott on pauls@tasbps.com.au or phone 0477 771 098.

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND INQUIRIES 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: 194

Property History for 20 Falmouth St, Avoca, TAS 7213

A timeline of how this property has performed in the market
Last Sold
$290,000
31 Mar 2020
  • 31 Mar 2020
    Sold for $290,000
  • 16 Jan 2019
    Listed for Sale Price Guide $320,000-$350,000
  • 27 Mar 2017
    Listed for Sale $345,000
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About Avoca 7213

The size of Avoca is approximately 397.5 square kilometres. It has 9 parks covering nearly 25.1% of total area. The population of Avoca in 2011 was 302 people. By 2016 the population was 231 showing a population decline of 23.5% in the area during that time. The predominant age group in Avoca is 40-49 years. Households in Avoca are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Avoca work in a labourer occupation. In 2011, 72.4% of the homes in Avoca were owner-occupied compared with 67.1% in 2016.

Avoca has 144 properties. Over the last 5 years, Houses in Avoca have seen a 95.12% increase in median value, while Units have seen a -3.78% decrease. As at 31 October 2024:

  • The median value for Houses in Avoca is $290,578 while the median value for Units is $345,172.
There are currently no properties listed for sale, and no properties listed for rent in Avoca on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Avoca.

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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.