OFF MARKET

168 Arthur Highway
Dunalley TAS 7177

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 541m2
Land area: 2522m2
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Property Details for 168 Arthur Hwy, Dunalley

Building Type
Commercial
Year Built
1997
Floor Size
541m2
Land Size
2522m2
Local Government
Sorell
Lot/Plan
1/207457

Last Listing description (May 2019)

SIGNIFICANT FRONTAGE ONTO MAJOR TOURIST ROUTE
3 EXCEPTIONAL SHOPS INCLUDING BAKERY LEASE-BACK
EXTRA LARGE BLOCK 2,522m2

Dunalley is a small fishing village on the South East Coast of Tasmania approximately 60 kilometres from Hobart and is located on the major tourist route to the World Heritage Listed Port Arthur Historic Site, Tasmania's most visited tourist attraction.
Consider this: -
* The property has an extensive main highway frontage within the township and provides hardstand drive-through access & ample off street car parking. The site also provides rear access and terrific scope for further development;
* The building comprises 3 shops all under the one roofline including a new state-of the-art Bakery which is proving extremely popular with locals and tourists alike. The Owner Operator is finalising lease-back arrangements based on 4 x 5 Year Terms;
* Two of the shops are vacant and have been previously used separately as a take-away complete with commercial kitchen and a mini-supermarket/grocery outlet; both shops have been extensively modernised and are ready for immediate occupation; total building size is greater than 500m2 + Open Verandah;
* Located directly opposite the renowned Denison Canal, having a swing bridge for road traffic which also allows easy boat access to Dunalley Bay; interestingly each year yachts returning from the Sydney to Hobart Yacht Race use the Canal as a shortcut to the Tasman Sea and sailing up the East Coast of Tasmania;
* A terrific opportunity to grow the value of this property by maximising its use and reaping the rewards gained from the high volume traffic flow to the Tasman Peninsular; in 2015 recorded visitations to the Port Arthur Historic Site total 272,653 day visits and 34,097 night visits with the Site recognised as Australia's most intact and evocative convict settlement;
* Explore the possibilities for this exceptional property mix .. either collect the rental income from the bakery and occupy the other 2 shops as an Owner Operator or purchase entirely as a passive investment opportunity by leasing the 2 vacant shops combined with the rental income derived from the Bakery Business.
For Sale by Negotiation
Inspection strictly by appointment only
All enquiries contact John Barwick of Roberts Commercial Hobart

Property History for 168 Arthur Hwy, Dunalley, TAS 7177

A timeline of how this property has performed in the market
Last Sold
$420,000
29 Nov 2012
Listed for Rent
$400/w
06 Feb 2016
  • 19 Sep 2016
    Listed for Sale By Negotiation
  • 20 May 2015
    Listed for Rent $400 / week
  • 29 Nov 2012
    Sold for $420,000
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About Dunalley 7177

The size of Dunalley is approximately 85.2 square kilometres. It has 6 parks covering nearly 0.6% of total area. The population of Dunalley in 2011 was 275 people. By 2016 the population was 317 showing a population growth of 15.3% in the area during that time. The predominant age group in Dunalley is 50-59 years. Households in Dunalley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dunalley work in a managers occupation. In 2011, 79.7% of the homes in Dunalley were owner-occupied compared with 75.4% in 2016.

Dunalley has 281 properties. Over the last 5 years, Houses in Dunalley have seen a 49.75% increase in median value. As at 31 August 2024:

  • The median value for Houses in Dunalley is $498,779 while the median value for Units is $386,593.
There are currently 6 properties listed for sale, and 1 property listed for rent in Dunalley on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Dunalley.

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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.