OFF MARKET

3419 Huon Highway
Franklin TAS 7113

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 81m2
Land area: 645m2
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Last updated 18 Nov 2024
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Property Details for 3419 Huon Hwy, Franklin

3419 Huon Hwy, Franklin is a 0 bedroom, 0 bathroom House. The property has a land size of 645m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in September 2004.

Building Type
House
Floor Size
81m2
Land Size
645m2
Local Government
Huon Valley
Lot/Plan
4/120551

Last Listing description (July 2023)

This is a remarkable freehold investment opportunity by the water's edge with plenty of options available!

The rear residence called "The Edge Holiday Apartment" is currently operated for short term accommodation but could also be used as a long-term rental or permanent residence.

The front dwelling is currently leased, the business is named Aqua Grill and the lease expiry is October 2025, with a further option of 5 more years. The business returns $40,560 per annum including GST to the owners.

Original owners have decided to pass the baton onto another savvy purchaser looking for a blue-chip property. First time this magnificent property has been offered for sale and being positioned on the Huon River side provides so many added benefits. Residence highlights include superb sundeck, heaps of lemon trees, stunning outlook, impressive Tas Oak floors, open plan living, two generous sized bedrooms, stylish bathroom and post card views through the windows.

Business premises "Aqua Grill Cafe" Great operators, popular seafood and cafe business, large seating capacity, storeroom, male and female toilets, solid business has been operating since 2005

- Colorbond home and main road business operating

- Generate 2 separate incomes and reap the rewards

- Live in premises and secure income from business

- Prime visual location and plenty of off-street parking

- Situated in Huon Valley region - Village Zoning

- Home would achieve $425 plus per week rental income

- Easy stroll to all shops, local pubs, eateries & services

- Hobart CBD is within a leisurely 35-minute commute

- Rare investment - High % income for savvy buyer

- Please call Nyal if you would like to arrange an inspection or require any further information of this outstanding offering

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Property History for 3419 Huon Hwy, Franklin, TAS 7113

A timeline of how this property has performed in the market
Last Sold
$89,000
08 Sep 2004
Listed for Rent
21 Nov 2019
  • 04 Nov 2022
    Listed for Sale Offers over $895,000
  • 06 Apr 2019
    Listed for Rent - Price not available
  • 27 Feb 2019
    Listed for Sale Price by Negotiation Offers over $150,000 + GST
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About Franklin 7113

The size of Franklin is approximately 44.2 square kilometres. It has 1 park covering nearly 11.3% of total area. The population of Franklin in 2011 was 1,102 people. By 2016 the population was 1,102 showing a stable population in the area during that time. The predominant age group in Franklin is 50-59 years. Households in Franklin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Franklin work in a professional occupation. In 2011, 79.3% of the homes in Franklin were owner-occupied compared with 82.6% in 2016.

Franklin has 636 properties. Over the last 5 years, Houses in Franklin have seen a 62.49% increase in median value. As at 31 October 2024:

  • The median value for Houses in Franklin is $687,411 while the median value for Units is $504,965.
  • Houses have a median rent of $500.
There are currently 9 properties listed for sale, and no properties listed for rent in Franklin on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Franklin.

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