OFF MARKET

393 Leith Road
Forth TAS 7310

Bedrooms: -
Bathrooms: 2
Car spaces: -
Floor area: 372m2
Land area: 3307m2
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Property Details for 393 Leith Rd, Forth

Building Type
Commercial
Year Built
1870
Floor Size
372m2
Land Size
3307m2
Local Government
Central Coast
Lot/Plan
2/185504

Last Listing description (February 2016)

SINCE 1872 THE BRIDGE HOTEL (KNOWN AS THE FORTH PUB) HAS ESTABLISHED ITSELF AS A TRUE TASMANIAN LANDMARK, WITH A RICH HERITAGE, PERFECT LOCATION, SOUND INCOME AND NOW PRIMED TO REWARD A NEW OWNER WITH FURTHER OPPORTUNITIES TO EXPAND AND IMPROVE ON AN ALREADY SUCCESSFUL BUSINESS.THE BRIDGE HOTEL IS STEEPED IN HISTORY AND A REGULAR WATERING HOLE FOR LOCAL RESIDENTS, ITINERANT WORKERS AND TRAVELLERS ALIKE. THE CURRENT OWNERS OF THE BRIDGE HAVE CARRIED ON THE TRADITION OF THE HOTEL ADDING THEIR EXPERTISE TO CREATE A WELL RUN FAMILY PUB OFFERING GREAT FOOD AND BEVERAGE, REGULAR ENTERTAINMENT AND WELCOMING ATMOSPHERE FOR ALL. TO FURTHER HIGHLIGHT THE FAMILY FRIENDLY ATMOSPHERE THE HOTEL DOES AWAY WITH THE DISTRACTION OF GAMING SERVICES AND EQUIPMENT, A MOVE WELL RECEIVED BY PATRONS. WITH A POSTCARD PERFECT ASPECT OPPOSITE THE RIVER IN THE PICTURESQUE TOWN OF FORTH IN NORTH WEST TASMANIA THIS IS TRULY A SUPERB LOCATION.ENTERTAINMENT . STAGE AREAS LOCATED IN THE MAIN DINING AREA PLUS PORTABLE STAGE FOR THE REAR COURTYARD PROVIDE BOTH INDOOR AND OUTDOOR LOCATIONS FOR LIVE ENTERTAINMENT. THE LOUNGE ALSO INCLUDES A PARQUETRY DANCE FLOOR. MANY WELL KNOWN LOCAL AND INTERSTATE ACTS HAVE PLAYED AT THE HOTEL OVER THE YEARS AND CONTINUE TO INCLUDE THE HOTEL AS A MUST PLAY DESTINATION. IN ADDITION THE HOTEL BENEFITS FROM THE PATRONAGE OF MANY ATTENDEES VISITING THE ANNUAL BLUES FESTIVAL HELD ANNUALLY IN MARCH. THE FESTIVAL WAS CREATED BY THE HOTELS CURRENT OWNERS AND HAS GROWN SINCE INCEPTION TO NOW ATTRACT OVER 3000 PATRONS EACH YEAR, SHOWCASING MANY OF THE TOP AUSTRALIAN AND INTERNATIONAL BLUES AND ROOTS MUSICAL TALENT.THE PUBLIC BAR. THE AMBIANCE CREATED BY THE SEMI CIRCULAR TIMBER BAR INVITES PATRONS TO UNWIND WHILE OUTSIDE LOOKING TOWARDS THE FORTH RIVER THE SHADED VERANDA WITH OUTDOOR TABLE SETTINGS OFFERS A RELAXED SETTING.DINING AREAS. SEPARATE LOUNGE AND DINING AREAS PROVIDE SEATING FOR UP TO 150 PATRONS.MANAGERS RESIDENCE. PROVIDED WITH A SPACIOUS AND COMFORTABLE FULLY SELF CONTAINED 2 BEDROOM MANAGERS RESIDENCE WITH LARGE PATIO AREA AND GREAT VIEWS OVER THE FORTH RIVER THIS IS A PERFECT HOME TO ENJOY A PUBLICAN LIFESTYLE.SHORT TERM ACCOMMODATION. 5 COMFORTABLE ROOMS ON THE LOWER FLOOR WING PROVIDE OVERNIGHT/SHORT TERM ACCOMMODATION WITH TWO OF THESE ROOMS BEING CURRENTLY USED AS A STOREROOM AND OFFICE.KITCHEN. LARGE KITCHEN PROVIDED ON GAS AND ELECTRICITY INCLUDING CHAR GRILL, DEEP FRYERS, DOUBLE OVEN, 6 BURNER TOP AND FLAT GRILL AND TURBO FAN ELECTRIC OVEN. THE HOTEL MAKES ITS OWN PIZZAS AND PIES SOLD IN THE MAIN BAR AND RESTAURANT WITH THE PIZZA AND PIE OVENS LOCATED IN THE BAR. THERE IS A LARGE COOL ROOM AND AMPLE REFRIGERATION PLUS WALK IN PANTRY.POTENTIAL. APART FROM THE OPPORTUNITY TO EXPANDING THE HOTELS EXISTING INCOME STREAMS THERE IS HUGE POTENTIAL TO FURTHER EXPAND THE BUSINESS WITH ENOUGH AVAILABLE LAND TO INSTALL PLUG IN POINTS FOR CARAVANS AND/OR ADD SMALL CABINS. THERE IS A STRONG DEMAND IN THE AREA FOR SUCH ACCOMMODATION THUS AN UNTAPPED RESOURCE AWAITS. GST MAY APPLY.PROPERTY CODE: 408

Property History for 393 Leith Rd, Forth, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$600,000
21 Sep 2015
  • 21 Sep 2015
    Sold for $600,000
  • 26 Apr 2014
    Listed for Sale $995,000
  • 10 Jan 2013
    Listed for Sale $995,000
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About Forth 7310

The size of Forth is approximately 34.8 square kilometres. It has 4 parks covering nearly 0.2% of total area. The population of Forth in 2011 was 1,024 people. By 2016 the population was 727 showing a population decline of 29.0% in the area during that time. The predominant age group in Forth is 60-69 years. Households in Forth are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forth work in a professional occupation. In 2011, 83.3% of the homes in Forth were owner-occupied compared with 84.8% in 2016.

Forth has 415 properties. Over the last 5 years, Houses in Forth have seen a 89.59% increase in median value, while Units have seen a 69.98% increase. As at 31 October 2024:

  • The median value for Houses in Forth is $674,465 while the median value for Units is $402,006.
There are currently 4 properties listed for sale, and no properties listed for rent in Forth on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Forth.

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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.