OFF MARKET

1 Garnet Avenue
Coles Bay TAS 7215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 242m2
Land area: 653m2
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Property Details for 1 Garnet Ave, Coles Bay

Building Type
Land
Year Built
1963
Floor Size
242m2
Land Size
653m2
Local Government
Glamorgan-Spring Bay
Lot/Plan
1/137464

Last Listing description (November 2021)

Coles Bay does not need much of an introduction, it is the gateway to the world-renowned Freycinet National Park, which is home to Wineglass Bay, one of Australia's top beaches. 1 Garnet Avenue sits right on the water in the heart of Coles Bay with a commanding view of the Hazards that would be difficult to beat.

This is a once in a lifetime opportunity to purchase a parcel of land that has a very bright future as a key commercial development on Tasmania's East Coast. Tourism, Hospitality and Accommodation opportunities come to mind when considering potential future use (STCA).

$700,000

Features include:

-Land size 653m2 approx.
-Zoning 'Local Business' (20.0)
-Irreplaceable land holding with unbeatable views
-Outstanding commercial development opportunity
-Freycinet sees over 300,000 visitors per year (pre COVID)
-The Freycinet Peninsula is in the top three visitor destinations in Tasmania

To learn more about this property, contact Andy at Howell Property Group.

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Property History for 1 Garnet Ave, Coles Bay, TAS 7215

A timeline of how this property has performed in the market
Last Sold
$700,000
07 Jan 2022
  • 07 Jan 2022
    Sold for $700,000
  • 01 Jun 2021
    Listed for Sale $700,000
  • 08 Apr 2019
    Listed for Sale Contact Marcus Douglas
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About Coles Bay 7215

The size of Coles Bay is approximately 106.9 square kilometres. It has 3 parks covering nearly 47.6% of total area. The population of Coles Bay in 2011 was 307 people. By 2016 the population was 365 showing a population growth of 18.9% in the area during that time. The predominant age group in Coles Bay is 60-69 years. Households in Coles Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Coles Bay work in a managers occupation. In 2011, 64.1% of the homes in Coles Bay were owner-occupied compared with 71.7% in 2016.

Coles Bay has 901 properties. Over the last 5 years, Houses in Coles Bay have seen a 116.39% increase in median value, while Units have seen a 151.43% increase. As at 31 August 2024:

  • The median value for Houses in Coles Bay is $807,572 while the median value for Units is $526,360.
There are currently 18 properties listed for sale, and 1 property listed for rent in Coles bay on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Coles bay.

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