OFF MARKET

74 Main Street
Derby TAS 7264

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 229m2
Land area: 996m2
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Property Details for 74 Main St, Derby

74 Main St, Derby is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 996m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
House
Year Built
1890
Floor Size
229m2
Land Size
996m2
Local Government
Dorset
Lot/Plan
1/225733

Last Listing description (August 2024)

Derby's General Store, a landmark that can trace its roots back to 1896, has always been integral to the story of the town and it remains so today.

Currently known as the Pit Stop, the store's present-day role as a food and fuel outlet caters to the booming mountain biking and visitor market that transformed Derby in recent years. This iconic property is a prime opportunity! Continue with the current lessee or the property can be available at vacant possession by negotiation.

Arranged across two titles, the first is 1,012 sqm* and holds the retail/cafe space on the ground level and three-bedroom accommodation upstairs. Immediately adjacent on the second tile is a storage shed and fuel bowsers that define the 372 sqm* block.

The open-plan downstairs space includes a commercially compliant kitchen, food preparation and retail service area accompanied by a generous, versatile zone for customer dining.

Above, the three-bedroom apartment features a full-width balcony offering arguably the best view in town! Views along Main Street also reach right through to the old mine face as well as to the pump track and trailhead that are so symbolic of Derby's re-invention.

Fabulous commercial opportunity to turn from general store to your business dream, including cafe, Airbnb, fuel business or whatever the Derby MTB community desire. A rare, rewarding commercial opening, poised to continue on a profitable trajectory with plenty of upside, the Derby General Store's past and present now offers an exceptional future!

(*approx.)

Property History for 74 Main St, Derby, TAS 7264

A timeline of how this property has performed in the market
Last Sold
$500,000
07 Dec 2018
  • 15 Jul 2024
    Listed for Sale Not Disclosed
  • 13 Dec 2023
    Listed for Sale Offers Over $999,000 (plus GST if applicable)
  • 07 Dec 2018
    Sold for $500,000
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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.