9 Stoke StreetBranxholm TAS 7261
Property Details for 9 Stoke St, Branxholm
Last Listing description (May 2016)
This magnificently presented freehold hotel is located in the popular town of Branxholm, 93 ks north-east of Launceston.
The town is the centre of a very rich dairy,cropping and forestry district, and as an added bonus, is adjacent to the huge hop fields of Tasmania.
The hotel includes a public bar, lounge bar, dining room seating for 40, commercial kitchen, rear entertainment area and courtyard, meeting room, eight accommodation rooms, managers flat, guest lounge, established vegetable gardens and lawns, and located on 2,175 of land.
The business is very reliable with annual sales of around the $400,000 mark for the past three years. It is an ideal business for a working couple with only minimal staff required on weekends.
Is this the ultimate seachange business?
Property History for 9 Stoke St, Branxholm, TAS 7261
- 15 Feb 2012Listed for Sale FREEHOLD AND BUSINESS $595,000 PLUS STOCK
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About Branxholm 7261
The size of Branxholm is approximately 45.4 square kilometres. It has 3 parks covering nearly 110.6% of total area. The population of Branxholm in 2011 was 201 people. By 2016 the population was 255 showing a population growth of 26.9% in the area during that time. The predominant age group in Branxholm is 50-59 years. Households in Branxholm are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Branxholm work in a managers occupation. In 2011, 82.9% of the homes in Branxholm were owner-occupied compared with 82.2% in 2016.
Branxholm has 222 properties. Over the last 5 years, Houses in Branxholm have seen a 95.82% increase in median value, while Units have seen a 248.06% increase. As at 31 October 2024:
- The median value for Houses in Branxholm is $452,457 while the median value for Units is $312,402.
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