OFF MARKET

360 Lennon Road
North Bruny TAS 7150

Bedrooms: -
Bathrooms: -
Car spaces: 35
Floor area: 170m2
Land area: 67490m2
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Property Details for 360 Lennon Rd, North Bruny

360 Lennon Rd, North Bruny is a 0 bedroom, 0 bathroom House with 35 parking spaces and was built in 1997. The property has a land size of 67490m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1997
Floor Size
170m2
Land Size
67490m2
Local Government
Kingborough
Lot/Plan
1/25139

Last Listing description (November 2021)

A unique and rare opportunity to acquire an outstanding investment on Bruny Island with an income. This highly regarded property is being offered as freehold sale with a commercial lease for the current owner/operators to continue the thriving established business.

Situated in a prime tourist location, the venue is also ideal for multiple income generating options into the future.

Offering plenty of space, the property is close to seventeen acres (6.75ha) and enjoys north facing land with mesmerising water views in every direction! Positioned only three minutes from the ferry terminal, makes this the first and last 'stop' for all visitors to the island travelling the Bruny Island tourist route!

Meticulously built in its ideal setting this gorgeous three-bedroom cottage is constructed from stone and timber sourced from the property. The spacious open plan is welcoming, previously a restaurant area and now a tasting bar/cellar door with a six-metre solid oak bar. Exposed structural beams, French doors opening onto the generous front balcony and two open fireplaces make it feel like there is simply nowhere better to soak up the friendly island atmosphere and panorama of the D'Entrecasteaux Channel and mountain ranges.

Extensive inclusions:
Fully equipped commercial kitchen with stainless steel work benches and cool room.
Private mooring in Sykes Cove opposite offering sheltered boat anchorage.
Four rainwater storage tanks + additional water supplied by a bore.
Established garden beds, additional storage/utility areas.
Amenities block & parking for 35+ cars in two separate parking areas.
Levelled site with utility space that has expansive channel & mountain views with Mount Wellington prominent in the distance.
Zoned 'Environmental Living' also allowing the option for visitor accommodation to be built (STCA).
The current business can also be acquired, subject to agreed pricing, with significant potential for continued growth, or potentially purchased at the completion of a 5 plus 5 commercial lease.

This property will soon premier on 'Country House Hunters' on national TV, don't delay to contact Laureen, island resident and specialist, for further information about this highly sought-after destination and unparalleled lifestyle opportunity!

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 360 Lennon Rd, North Bruny, TAS 7150

A timeline of how this property has performed in the market
Last Sold
$875,000
29 Jul 2021
  • 29 Jul 2021
    Sold for $875,000
  • 17 Nov 2020
    Listed for Sale Offers Over $895,000
  • 05 Sep 2012
    Sold for $240,000
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About North Bruny 7150

The size of North Bruny is approximately 87.2 square kilometres. It has 6 parks covering nearly 16.5% of total area. The population of North Bruny in 2011 was 237 people. By 2016 the population was 110 showing a population decline of 53.6% in the area during that time. The predominant age group in North Bruny is 50-59 years. Households in North Bruny are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in North Bruny work in a managers occupation. In 2011, 79.8% of the homes in North Bruny were owner-occupied compared with 93.2% in 2016..

North Bruny has 160 properties. Over the last 5 years, Houses in North Bruny have seen a 72.88% increase in median value, while Units have seen a 62.06% increase. As at 31 August 2024:

  • The median value for Houses in North Bruny is $962,049 while the median value for Units is $457,945.
There are currently 4 properties listed for sale, and no properties listed for rent in North bruny on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in North bruny.

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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.