OFF MARKET

3 New Street
Campbell Town TAS 7210

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 146m2
Land area: 999m2
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Property Details for 3 New St, Campbell Town

Building Type
Commercial
Year Built
1940
Floor Size
146m2
Land Size
999m2
Local Government
Northern Midlands
Lot/Plan
17/9453

Last Listing description (January 2024)

For sale is an established business with 2 Tasmanian Government school bus contracts. Current owners started this business circa 1989 and have enjoyed consistent income and excellent work life balance.
Located in Campbell Town Tasmania, this business has the following features:

>Easy to operate business, two runs every day.

>Excellent working hours, Monday to Friday-only 2.5 hours work.
>Consistent income paid out by Tasmanian Government every month.
>Recession-proof business.
>Both contracts commenced on 1 Jan 2020, with a term of 5 years with one 5-year option. Ongoing renewal is subject to Government approval.
>3 buses included in the sale, including a spare bus.
>Government support to upgrade the fleet.
>Only skillset required to own this business is customer service skills and a positive attitude.

There is potential to increase the business by marketing the coaches for private tours & excursions. Current owners are happy to assist the new owners in a smooth transition.

Owner advises that there is increasing demand for private bus bookings from the local community and the surrounding suburbs, there is additional work available for new owners.

A younger and more motivated owner will not only enjoy regular constant income from the school runs but will also be able to generate additional revenue.

This business would suit anyone, you can be an owner-operator or an investor. Fill in a confidentiality agreement for more information on this opportunity.

Contact us for an inspection. This business will not last long, Make your move today by phoning Business Broker Paul Scott on 0477 771 098. pauls@tasbps.com.au or Praveen Pant on 0432 256 682 & email praveenp@tasbps.com.au.

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES 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: 941

Property History for 3 New St, Campbell Town, TAS 7210

A timeline of how this property has performed in the market
  • 01 May 2023
    Listed for Sale $375,000 INCLUDING BUSES

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About Campbell Town 7210

The size of Campbell Town is approximately 735.9 square kilometres. It has 12 parks covering nearly 1.2% of total area. The population of Campbell Town in 2011 was 993 people. By 2016 the population was 991 showing a population decline of 0.2% in the area during that time. The predominant age group in Campbell Town is 60-69 years. Households in Campbell Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Campbell Town work in a labourer occupation. In 2011, 67% of the homes in Campbell Town were owner-occupied compared with 63% in 2016.

Campbell Town has 664 properties. Over the last 5 years, Houses in Campbell Town have seen a 96.95% increase in median value, while Units have seen a -66.27% decrease. As at 31 December 2024:

  • The median value for Houses in Campbell Town is $420,140 while the median value for Units is $373,492.
  • Houses have a median rent of $400.
There are currently 13 properties listed for sale, and no properties listed for rent in Campbell town on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Campbell town.

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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.