OFF MARKET

64 Main Street
Derby TAS 7264

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 97m2
Land area: 1009m2
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Property Details for 64 Main St, Derby

64 Main St, Derby is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1992. The property has a land size of 1009m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
1992
Floor Size
97m2
Land Size
1009m2
Local Government
Dorset
Lot/Plan
2/139921

Last Listing description (December 2019)

With three secure and established income streams and situated smack bang in the middle of the retail strip of Main St Derby, this very unique offering is not to be missed. Sitting on 1012m2 this property consists of 3 buildings, a retail space, on a long term lease, and 2 freestanding houses behind, both currently rented on Airbnb, both fully council approved as visitor accommodation.
The shop
On the Main Street sits the shop. The retail shop returns $10,400 per annum and is rented on a 3 + 3 + 3 year lease to the highly successful Evolution MTB retail, hire and shuttle business.

The cottage
Up the drive from the shop is The Cottage', a character filled 1 bedroom, 1 bathroom space fitted out to sleep 5 with a double bunk and sofa in the living room. Featuring reverse cycle air conditioning, a well equipped kitchenette and its own laundry facilities this is a stand alone rental home. There is also room for improvement here as a full height attic room is currently locked off.
Cedar House
Further up the drive you have room to park several cars off street and you come across the main residence, Cedar House'. 3 bedrooms and 1 bathroom, like the cottage it is to be sold walk in, completely furnished. With newly upgraded beds Sleeping 6 and with a quality reclining lounge in the living room it's no surprise there are future bookings in place through to April 2020, which will all be passed over to the lucky purchaser.
The open plan kitchen living dining room is heated by a freestanding wood heater as well as a reverse cycle air conditioner. This area leads onto a stunning balcony that runs the width of the house and provides spectacular views across to the Lake View Tail and all of Main St. Below the house is a bike shed and wash down facility.
Derby is home to the Blue Derby Trails which is widely recognised as Australia's mountain biking capital, confirmed by the twice held Endure World Series.
Derby is 34 km from Scottsdale and 95 km to Launceston. According to local Council (Dorset) who track visitor numbers, 30,000 visitors rode the trails last year and approximately 50,000 are expected this year. Tourism is booming in NE Tasmania with Internationally ranked Barnbougle and Lost Farm Golf courses, wineries and of course MTB trails on our doorstep.
Located directly next door to Vertigo MTB this rare offering has 3 years of accommodation figures available to serious buyers and with the security of a MTB blue chip tenant such as Evolution, on a long term lease you have guaranteed money in the bank. Prime location, secure tenant, 3 revenue streams, walk in ready accommodation, future bookings and established return clients! What more is there to say? Derby rules apply, first in best dressed.

Property History for 64 Main St, Derby, TAS 7264

A timeline of how this property has performed in the market
Last Sold
$612,500
15 Nov 2019
  • 15 Nov 2019
    Sold for $612,500
  • 11 Oct 2019
    Listed for Sale $549,000 - $600,000
  • 10 Oct 2016
    Sold for $340,000
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About Derby 7264

The size of Derby is approximately 78.2 square kilometres. It has 5 parks covering nearly 101.6% of total area. The population of Derby in 2011 was 207 people. By 2016 the population was 169 showing a population decline of 18.4% in the area during that time. The predominant age group in Derby is 60-69 years. Households in Derby are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derby work in a managers occupation. In 2011, 80.7% of the homes in Derby were owner-occupied compared with 74.7% in 2016.

Derby has 255 properties. Over the last 5 years, Houses in Derby have seen a 64.61% increase in median value. As at 31 October 2024:

  • The median value for Houses in Derby is $358,662 while the median value for Units is $285,778.
  • Houses have a median rent of $163.
There are currently 5 properties listed for sale, and no properties listed for rent in Derby on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Derby.

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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.