OFF MARKET

117 Central Avenue
Derwent Park TAS 7009

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 121m2
Land area: 1642m2
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Property Details for 117 Central Ave, Derwent Park

Building Type
Commercial
Floor Size
121m2
Land Size
1642m2
Local Government
Glenorchy
Lot/Plan
1/126305

Last Listing description (July 2022)

Knight Frank is excited to offer to the market this high profile well presented freehold car wash business ideally located facing the Brooker Highway.

The property has significant infrastructure to enable the business to efficiently operate.

The freehold business comprises 6 wash bays, 2 of which provide side ramps to facilitate the washing of higher vehicles and trucks.

There is also an automatic car washing machine and vacuum facilities.

The business is easily operated by one full time person and provides a great return on investment.

This opportunity is highly recommended to investors and owner occupiers.

Property History for 117 Central Ave, Derwent Park, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$1,800,000
12 Jul 2022
  • 12 Jul 2022
    Sold for $1,800,000
  • 08 Jun 2022
    Listed for Sale For sale by Expressions of Interest
  • 30 Mar 2009
    Sold for $363,662
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About Derwent Park 7009

The size of Derwent Park is approximately 1.7 square kilometres. It has 3 parks covering nearly 5.4% of total area. The population of Derwent Park in 2011 was 619 people. By 2016 the population was 644 showing a population growth of 4.0% in the area during that time. The predominant age group in Derwent Park is 30-39 years. Households in Derwent Park are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derwent Park work in a community and personal service occupation. In 2011, 54.6% of the homes in Derwent Park were owner-occupied compared with 60.1% in 2016.

Derwent Park has 629 properties. Over the last 5 years, Houses in Derwent Park have seen a 38.26% increase in median value, while Units have seen a 49.48% increase. As at 31 October 2024:

  • The median value for Houses in Derwent Park is $530,691 while the median value for Units is $491,659.
  • Houses have a median rent of $500.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Derwent park on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Derwent park.

Suburb Insights for Derwent Park 7009

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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.