OFF MARKET

73 Main Road
Exeter TAS 7275

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 242m2
Land area: 2042m2
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Property Details for 73 Main Rd, Exeter

73 Main Rd, Exeter is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 2042m2 and floor size of 242m2. While the property is not currently for sale or for rent, it was last sold in February 1996.

Building Type
House
Year Built
1900
Floor Size
242m2
Land Size
2042m2
Local Government
West Tamar
Lot/Plan
1/36055

Last Listing description (July 2024)

“SHAKERS TAKE-AWAY”
Offered to the market for the first time in 27 Years is this business operating with the current owners 7 days a week since 27 years ago with an impeccable history. The current owners have always maintained the premises and prided the business on quality take-away food with friendly and exceptional service.

“THE BUSINESS”

Since the day this property was a take-away business some 60 years ago it has been the mecca for take-away in Exeter, with the current owners holding it for 27 years straight it has come time for them to let someone else take the reins. Currently employing 14 local staff operating 7 days a week.
The business speaks for itself with its longstanding and outstanding history, year on year the owners have had growth and improved where they felt improvements were needed. The business is offered WIWO going concern + SAV, The books represent themselves with an average turnover for the past 3 years between 1.2-1.6M. Books showing all profits and deductions etc. are available on request to serious purchasers.
For the past 10 years the owners have not been present fulltime, allowing them to pursue a relaxed travelling lifestyle. If you wished to work and run the business yourself this will allow room to make the already outstanding profits even better but if you did wish to buy this as an investment only and not be present that is an already proven way.

“THE PROPERTY”
Compromised of the shopfront and a dwelling at the rear split across 2 titles allowing room for further development, The house has 3 bedrooms and 1 bathroom with separate access and metering to the shop, with improvements carried out of the years it is a warm and inviting home. Currently tenanted with a fantastic tenant in place. The shopfront has approximately 13 KW of solar power going back into the grid and offers good parking for customers directly out the front on the main road. The Shopfront was fully re-wired and has undergone extensive renovations over the past 3 years to the interior and exterior.

PRICING:
Freehold going concern WIWO + SAV Offers Around $1,500,000
Leasehold going concern WIWO + SAV $680,000

YEAR BUILT: 1900
TOTAL LAND SIZE: 1180 M2 Approx

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 73 Main Rd, Exeter, TAS 7275

A timeline of how this property has performed in the market
Last Sold
$130,000
22 Feb 1996
Listed for Rent
$275/w
23 May 2016
  • 01 May 2024
    Listed for Sale Offers Around $1,500,000
  • 08 Jul 2022
    Listed for Sale For Sale
  • 08 Mar 2016
    Listed for Rent - Price not available
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About Exeter 7275

The size of Exeter is approximately 25.3 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Exeter in 2011 was 804 people. By 2016 the population was 622 showing a population decline of 22.6% in the area during that time. The predominant age group in Exeter is 50-59 years. Households in Exeter are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Exeter work in a trades occupation. In 2011, 72.7% of the homes in Exeter were owner-occupied compared with 76% in 2016.

Exeter has 441 properties. Over the last 5 years, Houses in Exeter have seen a 60.53% increase in median value, while Units have seen a 82.91% increase. As at 30 November 2024:

  • The median value for Houses in Exeter is $632,701 while the median value for Units is $516,496.
  • Houses have a median rent of $300.
There are currently 5 properties listed for sale, and no properties listed for rent in Exeter on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Exeter.

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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.