OFF MARKET

3/70 Burgess Street
Bicheno TAS 7215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 10m2
Land area: 4134m2
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Property Details for 3/70 Burgess St, Bicheno

Building Type
Land
Floor Size
10m2
Land Size
4134m2
Local Government
Glamorgan-Spring Bay

Last Listing description (October 2019)

Why not invest now and develop later?

With the East Coast heating up and visitor numbers rapidly on the rise, the owners have indicated they're seriously motivated to go ahead and liquidate this prime parcel of land in the heart of Bicheno.

I see this as an opportunity to either invest now and develop later or simply develop now with Bicheno crying out for additional visitor/tourist accommodation due to the rapidly increasing National and OS visitor numbers.
This magnificent parcel also offers the potential to develop and strata individual short term allotments as we see the demand potentially strong here.

This thriving and very popular East Coast tourist and live in destination is in need of more beds, leading into the possibilities of the further need for central Bicheno commercial development. Commercial at street level and accomodation above is certainly a posibility worth consideration.

This massive 4134m2 lot with a "Commercial" zoning overlay sits right in the heart of this beautiful coastal village. Retail, medical, food coupled with most importantly short term accommodation are uses well suited for this high profile site - STCA.

The property happens to be well positioned beside the already busy and established onsite short term accommodation boasting a 36.58m frontage onto Morrison Street and features more importantly a huge 89.77m frontage onto the well known Tasmanian tourist route "The Great Eastern Drive". Directly opposite is Bicheno's busy bakery, pharmacy and exciting new Food and Wine Centre.

I remind you again, this is a prime central property in the heart of Bicheno, a one off opportunity to own and with definate motivation from the owner to sell, this has to be one for consideration.

Contact Marcus Douglas for further details.

Property History for 3/70 Burgess St, Bicheno, TAS 7215

A timeline of how this property has performed in the market
  • 05 Nov 2014
    Listed for Sale EXPRESSIONS OF INTEREST

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About Bicheno 7215

The size of Bicheno is approximately 114.5 square kilometres. It has 12 parks covering nearly 42.1% of total area. The population of Bicheno in 2011 was 852 people. By 2016 the population was 945 showing a population growth of 10.9% in the area during that time. The predominant age group in Bicheno is 60-69 years. Households in Bicheno are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bicheno work in a labourer occupation. In 2011, 71.6% of the homes in Bicheno were owner-occupied compared with 73.9% in 2016.

Bicheno has 1,322 properties. Over the last 5 years, Houses in Bicheno have seen a 88.00% increase in median value, while Units have seen a 122.02% increase. As at 31 August 2024:

  • The median value for Houses in Bicheno is $672,279 while the median value for Units is $477,097.
  • Houses have a median rent of $385 while Units have a median rent of $350.
There are currently 27 properties listed for sale, and 1 property listed for rent in Bicheno on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Bicheno.

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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.