OFF MARKET

1853 Midland Highway
Bagdad TAS 7030

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 2335m2
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Property Details for 1853 Midland Hwy, Bagdad

Building Type
Commercial
Floor Size
250m2
Land Size
2335m2
Local Government
Southern Midlands
Lot/Plan
1/17363

Last Listing description (September 2017)

Heritage Highway Roadhouse has been a long term fixture on the trip north out of Hobart.

Comprising 2335 sqm of highway fronting land, the property includes fuel tanks, a workshop, retail store, and a residence to the rear including 2 bathrooms and up to 4 bedrooms.


Currently tenanted, with new 3 year lease from April 2015 with 2 further options of 3 years.

Asking price of $590,000 reflects government valuation and approximate 10% net return.

Inspections strictly by appointment only.

For further information or arrange an inspection for this property, please contact Ian Reed.

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Property History for 1853 Midland Hwy, Bagdad, TAS 7030

A timeline of how this property has performed in the market
Last Sold
$630,000
05 Jul 2017
  • 05 Jul 2017
    Sold for $630,000
  • 03 Feb 2014
    Listed for Sale OFFERS OVER $570,000
  • 29 Sep 1994
    Sold for $280,000
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About Bagdad 7030

The size of Bagdad is approximately 63.5 square kilometres. It has 5 parks covering nearly 7.6% of total area. The population of Bagdad in 2011 was 1,267 people. By 2016 the population was 1,343 showing a population growth of 6.0% in the area during that time. The predominant age group in Bagdad is 0-9 years. Households in Bagdad are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bagdad work in a trades occupation. In 2011, 86.2% of the homes in Bagdad were owner-occupied compared with 84.6% in 2016.

Bagdad has 670 properties. Over the last 5 years, Houses in Bagdad have seen a 61.88% increase in median value, while Units have seen a 72.98% increase. As at 31 October 2024:

  • The median value for Houses in Bagdad is $499,603 while the median value for Units is $387,011.
  • Houses have a median rent of $285.
There are currently 17 properties listed for sale, and 1 property listed for rent in Bagdad on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Bagdad.

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