OFF MARKET

15488 Lyell Highway
Derwent Bridge TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 130m2
Land area: 3999m2
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Property Details for 15488 Lyell Hwy, Derwent Bridge

Building Type
Commercial
Floor Size
130m2
Land Size
3999m2
Local Government
Central Highlands
Lot/Plan
1/108469

Last Listing description (June 2019)

A rare offering a highly profitable, roadhouse/cafe, many miles from the nearest competition, situated at Derwent Bridge on the Lyell Highway.

A roaring success, frequently there is a line out the door waiting to place their order, this is a result of consistently good food, coffee and pleasant quality service, this business is kicking goals and you can feel the congenial atmosphere upon entrance.

Enjoying increasing tourism numbers and with the reopening of the Queenstown mine' coupled with the glowing social media reviews, which are very important today, this business will continue to prosper.

This business is situated on freehold title, has plenty of parking, and is capable of seating 50 customers internally and a similar number outside.

Priced to sell,offering a 4 bedroom home, workers accommodation, commercial kitchen, 4 car garage, and workshop.

Showing an attractive 23% return on investment, business closes for 2 weeks annually in August.

If you are looking for a business with a serious bottom line, where you would enjoy hanging your name above the door, phone Paul Scott on 0477 771 098

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate

Property Code: 47

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Property History for 15488 Lyell Hwy, Derwent Bridge, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$440,000
08 Feb 2021
  • 08 Feb 2021
    Sold for $440,000
  • 13 Feb 2019
    Listed for Sale $650,000 neg
  • 12 May 2003
    Sold for $260,000
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About Derwent Bridge 7140

The size of Derwent Bridge is approximately 96.7 square kilometres. It has 5 parks covering nearly 181.5% of total area. The population of Derwent Bridge in 2011 was 302 people. By 2016 the population was 9 showing a population decline of 97.0% in the area during that time. The predominant age group in Derwent Bridge is 30-39 years. Households in Derwent Bridge are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derwent Bridge work in a managers occupation. In 2011, 80.4% of the homes in Derwent Bridge were owner-occupied compared with 75% in 2016..

Derwent Bridge has 18 properties. As at 30 September 2024:

  • The median value for Houses in Derwent Bridge is $239,198.
There are currently no properties listed for sale, and no properties listed for rent in Derwent bridge on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Derwent bridge.

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