OFF MARKET

1/2 Bucaan Street
Chigwell TAS 7011

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 180m2
Land area: 296m2
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Property Details for 1/2 Bucaan St, Chigwell

Building Type
Commercial
Year Built
1958
Floor Size
180m2
Land Size
296m2
Local Government
Glenorchy
Lot/Plan
1/132262

Last Listing description (November 2022)

Knight Frank is pleased to offer for sale, Unit 1, 2 Bucaan Street, Chigwell, ideal for an owner occupier, a perfect addition to your portfolio or for a first time commercial investor.

The property is conveniently located within part of a multi-tenanted suburban shopping precinct, which includes a pharmacy, Australia Post, Atwork Australia and a takeaway.

The property is being sold with vacant possession and was previously utilised as a butcher. It lends itself a range of potential uses (STCA) especially having the added benefit of a grease trap.

This offering is one that should be strongly considered as it provides an opportunity to purchase a freehold strata title property within a long established and loyal customer catchment area.

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Property History for 1/2 Bucaan St, Chigwell, TAS 7011

A timeline of how this property has performed in the market
Last Sold
$539,000
26 Aug 2022
Listed for Rent
$698/w
23 Nov 2021
  • 26 Aug 2022
    Sold for $539,000
  • 20 Jul 2022
    Listed for Sale Contact Agents
  • 30 Jun 2021
    Listed for Rent $36,400 / year
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About Chigwell 7011

The size of Chigwell is approximately 3 square kilometres. It has 5 parks covering nearly 7.2% of total area. The population of Chigwell in 2011 was 1,811 people. By 2016 the population was 2,005 showing a population growth of 10.7% in the area during that time. The predominant age group in Chigwell is 0-9 years. Households in Chigwell are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chigwell work in a labourer occupation. In 2011, 64.3% of the homes in Chigwell were owner-occupied compared with 61.7% in 2016.

Chigwell has 901 properties. Over the last 5 years, Houses in Chigwell have seen a 43.34% increase in median value, while Units have seen a 47.93% increase. As at 31 October 2024:

  • The median value for Houses in Chigwell is $488,251 while the median value for Units is $473,461.
  • Houses have a median rent of $470.
There are currently 4 properties listed for sale, and 1 property listed for rent in Chigwell on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Chigwell.

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