SOLD
Sold on 13 Mar 2024 for $536,000

3893 Huon Highway
Castle Forbes Bay TAS 7116

Bedrooms: 1
Bathrooms: 1
Car spaces: 10
Floor area: 306m2
Land area: 2368m2
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Property Details for 3893 Huon Hwy, Castle Forbes Bay

3893 Huon Hwy, Castle Forbes Bay is a 1 bedroom, 1 bathroom House with 10 parking spaces and was built in 1990. The property has a land size of 2368m2 and floor size of 306m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom House sold in Castle Forbes Bay in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
306m2
Land Size
2368m2
Local Government
Huon Valley
Lot/Plan
1/42954

Last Listing description (September 2024)

Rare Opportunity in Huon Valley's Tourist Haven!

Discover the potential of this unique property nestled along the scenic tourist route in the picturesque Huon Valley. Presenting a charming barn with stunning river views, this is a rare gem for savvy investors and developers.

Positioned along a popular tourist route, this property offers prime visibility in the heart of the Huon Valley's natural beauty. Once operating as a tourist stop, novelty shop and tea rooms this character filled barn is in need of some TLC. This property is not an approved house, but does have some amenities in place including a bathroom, kitchen and large living area. There are several other sectioned off areas in the barn, which have been used for storage and a workshop space.

The land is 2368 sqm with some amazing water views through the trees at the back of the property. There is also a smaller barn, green house, wood shed as well as some raised garden beds. The property is zoned Rural Resource, there is a septic system in place and the property is on town water.

There is a strip of Crown Reserve land between the barn and the water, which can never be developed, securing the views of the breathtaking Huon River that enhance the overall appeal of the property.

Explore the potential for transforming this space into a vibrant destination, whether it be a boutique cafe, art gallery, or unique retail experience.

Whether you're an investor seeking a strategic location or a visionary developer with a passion for creating unique experiences, this property is a canvas waiting to be transformed. Don't miss out on this rare real estate opportunity in the heart of Huon Valley!

Offers Invited with a closing date of 29th February 2024, the vendor will accept the best offer received and reserves the right to accept an offer prior to the closing date. Call for an inspection.

Disclaimer:
The information contained in this listing has been supplied to Win Em All P/L trading as Homelands Property from a variety of sources and to the best of their knowledge. The Agents are unable to verify whether the above information is accurate. All interested persons should make and rely upon their own enquiries in order to determine whether or not the information is, in fact accurate.

Property History for 3893 Huon Hwy, Castle Forbes Bay, TAS 7116

A timeline of how this property has performed in the market
Last Sold
$536,000
13 Mar 2024
  • 13 Mar 2024
    Sold for $536,000
  • 14 Feb 2024
    Listed for Sale $550,000
  • 22 Aug 1997
    Sold for $42,500
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About Castle Forbes Bay 7116

The size of Castle Forbes Bay is approximately 16.9 square kilometres. It has 2 parks covering nearly 49.1% of total area. The population of Castle Forbes Bay in 2011 was 579 people. By 2016 the population was 159 showing a population decline of 72.5% in the area during that time. The predominant age group in Castle Forbes Bay is 60-69 years. Households in Castle Forbes Bay are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Castle Forbes Bay work in a managers occupation. In 2011, 76.4% of the homes in Castle Forbes Bay were owner-occupied compared with 76.6% in 2016.

Castle Forbes Bay has 109 properties. Over the last 5 years, Houses in Castle Forbes Bay have seen a 69.47% increase in median value. As at 31 October 2024:

  • The median value for Houses in Castle Forbes Bay is $623,317.
There are currently 2 properties listed for sale, and 1 property listed for rent in Castle forbes bay on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Castle forbes bay.

Suburb Insights for Castle Forbes Bay 7116

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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.