SOLD
Sold on 29 Sep 2023 for $650,000

7A Mary Street
Cygnet TAS 7112

Bedrooms: 1
Bathrooms: 2
Car spaces: -
Floor area: 110m2
Land area: 520m2
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Property Details for 7a Mary St, Cygnet

7a Mary St, Cygnet is a 1 bedroom, 2 bathroom House and was built in 1924. The property has a land size of 520m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 1 bedroom House sold in Cygnet in the last 12 months.

Building Type
House
Year Built
1924
Floor Size
110m2
Land Size
520m2
Local Government
Huon Valley
Lot/Plan
4/153680

Last Listing description (October 2023)

This incredibly unique opportunity is positioned right in the heart of the Cygnet business district; not only is there a gorgeous shopfront that dates to the early 1920s but there is also a well-presented one-bedroom unit at the rear. The choice is yours whether you enjoy the dual income from this property or run your own business while residing onsite.
7a Mary Street is one of the few commercial properties in Cygnet offering an attached residence. This makes it a very attractive investment option and already has multiple tenants in place.
The shop enjoys a picturesque street presence with display windows and offers dedicated customer parking. It's larger than it looks from its frontage and provides a spacious reception area, a central showroom, and staff amenities. The potential for this space is outstanding, and thanks to having a quality tenant in place already, you'll have the security of income straight away.

The unit at the rear of the property enjoys its own access and gardens. This neat and tidy home feels incredibly private whilst benefiting from the convenience of its main street address.
An open floorplan aids with the fantastic sense of space in here -The bedroom offers impressive amounts of storage and there is a charming bathroom and laundry facilities as well.
This is a rare opportunity to secure a property within Cygnet's very tightly held business district. Phone or email for further information and to schedule your 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 to determine whether or not the information is, in fact accurate.

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Property History for 7a Mary St, Cygnet, TAS 7112

A timeline of how this property has performed in the market
Last Sold
$650,000
29 Sep 2023
Listed for Rent
$259/w
14 Oct 2014
  • 29 Sep 2023
    Sold for $650,000
  • 19 Sep 2023
    Listed for Sale Offers Over $645,000
  • 04 Apr 2018
    Sold for $330,000
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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 1,041 properties. Over the last 5 years, Houses in Cygnet have seen a 43.11% increase in median value, while Units have seen a 92.33% increase. As at 31 August 2024:

  • The median value for Houses in Cygnet is $592,204 while the median value for Units is $500,961.
  • Houses have a median rent of $485 while Units have a median rent of $375.
There are currently 27 properties listed for sale, and 2 properties listed for rent in Cygnet on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Cygnet.

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Amber Leighton
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Homelands Property | Huonville
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