OFF MARKET

30 Foster Street
Bicheno TAS 7215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 182m2
Land area: 23360m2
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Property Details for 30 Foster St, Bicheno

Building Type
Commercial
Year Built
1975
Floor Size
182m2
Land Size
23360m2
Local Government
Glamorgan-Spring Bay
Lot/Plan
100/174504

Last Listing description (January 2018)

This superb complex occupies a most magnificent site overlooking the ocean in the resort town of Bicheno on Tasmania s East Coast.
Includes 19 large bungalows, 5 motel units manager s residence, in-ground pool, tennis court, canoe pond and children's playground all on 6 titles encompassing 3.059 hectares.
The bungalows are spaciously laid out amid a natural bush setting with great views from private decks

With 180 metres frontage to the Esplanade this valuable site has huge potential for a development to substantially increase the number of bungalows or motel units.
The is no restaurant or bar to worry about as all the rooms are self catering, hence staff numbers are kept to a minimum.
It is no secret that Tasmanian tourism is booming. There were over 1.1 million visitors in 2015 and forecasts are on target to reach 1.5 million visitors by 2020
Obviously now is the time to buy! The property has shown strong growth in the last 3 years, it is a very enjoyable lifestyle, and a future development will take full advantage of increasing visitor numbers.
With Tasmanian tourism booming, this is a fantastic development site to take full advantage of the panoramic ocean views.

Property History for 30 Foster St, Bicheno, TAS 7215

A timeline of how this property has performed in the market
Last Sold
$2,920,171
14 Dec 2017
  • 14 Dec 2017
    Sold for $2,920,171
  • 30 Sep 2015
    Listed for Sale Not Disclosed
  • 10 Oct 2014
    Listed for Sale $6.3 MILLION
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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 83.28% increase in median value, while Units have seen a 96.49% increase. As at 31 October 2024:

  • The median value for Houses in Bicheno is $660,264 while the median value for Units is $417,363.
  • Houses have a median rent of $385 while Units have a median rent of $350.
There are currently 30 properties listed for sale, and 1 property listed for rent in Bicheno on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Bicheno.

Suburb Insights for Bicheno 7215

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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.