52B Main StreetHuonville TAS 7109
Property Details for 52b Main St, Huonville
Last Listing description (April 2021)
A rare opportunity exists to secure one of the tightly held main street fronting titles right in the heart of Huonville with a long established local business as your tenant in a secure industry this property is approximatley returning $31,200 plus outgoings along with 2 storage sheds that generate a small income and a huge backyard making future development options very exciting as Huonville grows.
The current lease extension of a 5 year lease with a 5 year option was signed 2 years ago leaving plenty of time with the current tenants in place.
Providing a great investment opportunity as an alternative cashflow option to money in the bank or a perfect first property for a self managed super fund to acquire allowing significant funds to be paid off in the current lease term.
The building is mostly older style patterned brick veneer construction with a colorbond clad rear section around the storage sheds, a timber floor and an original iron roof.
Located in a prominent position opposite Mitre 10 and the chemist and between the roundabout and Woolworths the potential for future tenants is exciting and popular for exposure of any business.
As the global population continues to spread from the city to the coast and country investing in a regional centre where business sentiment is strong may even outstrip inner city investments in the coming years on both capital growth and tenant demand.
With plenty of rear car parking, side access to the carpark, a large awning overhanging the street where you gain exposure in both directions, and a roof that has recently been repainted this attractively priced property is sure to create strong interest in the current market.
To find out more about this great investment opportunity while it lasts or to arrange an inspection and view the property please email or call anytime.
Property History for 52b Main St, Huonville, TAS 7109
- 11 Mar 2021Sold for $490,000
- 06 Sep 2019Listed for Sale Expressions of Interest
- 12 Jun 2008Sold for $145,000
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0About Huonville 7109
The size of Huonville is approximately 38 square kilometres. It has 15 parks covering nearly 17.1% of total area. The population of Huonville in 2011 was 2,538 people. By 2016 the population was 2,713 showing a population growth of 6.9% in the area during that time. The predominant age group in Huonville is 50-59 years. Households in Huonville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Huonville work in a trades occupation. In 2011, 68.8% of the homes in Huonville were owner-occupied compared with 68.3% in 2016.
Huonville has 1,734 properties. Over the last 5 years, Houses in Huonville have seen a 58.44% increase in median value, while Units have seen a 101.97% increase. As at 31 October 2024:
- The median value for Houses in Huonville is $626,175 while the median value for Units is $454,512.
- Houses have a median rent of $480 while Units have a median rent of $400.
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