PRIME HIGHWAY FRONTAGE
HUGE BUILDING THAT HAS PREVIOUSLY BEEN USED AS AN APPLE COOL STORE WITH APPROXIMATELY 3106M2 UNDER ROOF SPACE, MADE UP OF MANY SEPARATE VARYING SIZED COOL ROOMS AND LARGE OPEN CORRIDORS FOR HEAVY VEHICLE ACCESS. PROMINENT HUON HIGHWAY FRONTAGE WHICH WOULD LEND THE PROPERTY TO ANY POTENTIAL TOURISM RELATED ACTIVITIES, GOOD HEAVY VEHICLE ACCESS, SET ON 1.5 ACRES OF LEVEL PASTURE WITH TOWN WATER CONNECTED. A SECTION OF THIS BUILDING IS CURRENTLY LEASED FOR A HEALTHY RETURN WHICH MAKES THE PROPERTY ATTRACTIVE AS AN INVESTMENT ALSO, SURROUNDED BY LARGER RURAL ACREAGES, LOCATED APPROXIMATELY 45 MINUTES FROM HOBART AND ON ROUTE TO THE AIRWALK, THIS PROPERTY IS SURE TO APPEAL FOR A VAST RANGE OF USES.
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 107 properties. Over the last 5 years, Houses in Castle Forbes Bay have seen a 61.65% increase in median value. As at 30 November 2024:
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