OFF MARKET

22 Mary Street
Cygnet TAS 7112

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 195m2
Land area: 959m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 22 Mary St, Cygnet

22 Mary St, Cygnet is a 4 bedroom, 1 bathroom House and was built in 1910. The property has a land size of 959m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1910
Floor Size
195m2
Land Size
959m2
Local Government
Huon Valley
Lot/Plan
17/71790

Last Listing description (February 2023)

Constructed in 1907, as a wedding gift for Edith Melissa Wills, Balfour House was a gift of love from the beginning and has continued to hold a striking, yet dignified position within the Cygnet business precinct. The property is drenched in rich and interesting history and has played host to thriving businesses over the years; for the past 18 of those, it has operated as a privately run, community arts centre.
A unique asset of this property's position is that it sits back from the main street walkways and has a generous front garden at its entrance. This allows it to remain a quiet, fairly intimate space; ideal if you're using it as either a residence or commercial use. The property seems ideal for a bed and breakfast or professional consulting rooms and the option to reside onsite and run a business from the front rooms is sure to be very attractive to many.
Balfour House, remarkably, still maintains most of the features that were installed over 115 years ago. Intricate ceiling roses grace each room, along with ornate cornices and deep hardwood skirting. The attention to detail of this era is further confirmed by the gorgeous, decorative vents that are unique to each room as are the numerous open fireplaces.

When the property was enjoyed as a private residence, it provided 4 bedrooms and a family bathroom with the master bedroom providing external access to the covered porch. This was a design that allowed students taking piano lessons with its original owner, to come and go without disrupting the home; this remains a great asset to any future business conducted here.
All the rooms can be accessed off the grand, central hallway, with its 12-foot ceilings and decorative archway. The kitchen and dining are found at the end of the hall and enjoy the entire rear section of the building. The custom kitchen fit out was built to meet commercial standards and it was actually the first home of the 'Red Velvet Lounge' A well renowned restaurant that now operates from a larger site just next door. This rear space is filled with light and overlooks the property's back garden and neighbouring farmland.
There is also a little sunroom off the deck that has been rented for commercial purposes in the past.
Balfour House is ready for her next custodians to continue the story and holds enormous scope for possible uses.
This is an incredible opportunity to purchase a property within the tightly held business district of Cygnet and shouldn't be missed. Phone or email for further information and to schedule your private appointment to view.

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.

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 22 Mary St, Cygnet, TAS 7112

A timeline of how this property has performed in the market
Last Sold
$800,000
01 Feb 2023
  • 01 Feb 2023
    Sold for $800,000
  • 07 Sep 2022
    Listed for Sale Offers Over $845,000
  • 05 Apr 2004
    Sold for $200,000
Sign in to see more transactions

Commute Calculator

About Cygnet 7112

The size of Cygnet is approximately 57.5 square kilometres. It has 8 parks covering nearly 18% of total area. The population of Cygnet in 2011 was 1,453 people. By 2016 the population was 1,547 showing a population growth of 6.5% in the area during that time. The predominant age group in Cygnet is 60-69 years. Households in Cygnet are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cygnet work in a trades occupation. In 2011, 71.8% of the homes in Cygnet were owner-occupied compared with 71.1% in 2016.

Cygnet has 1,040 properties. Over the last 5 years, Houses in Cygnet have seen a 59.11% increase in median value, while Units have seen a 100.49% increase. As at 31 October 2024:

  • The median value for Houses in Cygnet is $621,797 while the median value for Units is $487,296.
  • Houses have a median rent of $490 while Units have a median rent of $375.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Cygnet on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Cygnet.

Suburb Insights for Cygnet 7112

Market Insights
Cygnet Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cygnet Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.