SOLD
Sold on 27 Aug 2024 for $300,000

39365 Tasman Highway
Nunamara TAS 7259

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 181m2
Land area: 2026m2
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Property Details for 39365 Tasman Hwy, Nunamara

Building Type
Commercial
Year Built
1956
Floor Size
181m2
Land Size
2026m2
Local Government
Launceston
Lot/Plan
1/126801

Last Listing description (May 2019)

The perfect passive investment - set and forget and reap the rewards of a high returning investment. Price reduced with potential of 10.5% return on investment.
* Fully leased freehold property (business not included)
* 5 year lease plus 5+5 options

* Currently returning approximately $38,000.00 pa
* Tenant paying outgoings including rates, land tax and Taswater
* Annual rent increases
* Potential returns to landlord approximately 9%
Outstanding opportunity for the passive investor looking for a high returning investment - tenants income stream is secured with a mixed business plus 3 bedroom attached residence. The business is under pinned by secure income from the Post Office, fuel sales, take away food, newspaper and general store lines.
Comfortable 3 bedroom home has 2 living areas, excellent country kitchen and large master bedroom. Located only 15 minutes from Launceston on a prominent tourist route to Scottsdale, this business is a local icon!
Think outside the square and look beyond residential investment and consider this high performing mixed commercial / residential freehold property.

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Property History for 39365 Tasman Hwy, Nunamara, TAS 7259

A timeline of how this property has performed in the market
Last Sold
$300,000
27 Aug 2024
  • 27 Aug 2024
    Sold for $300,000
  • 13 Mar 2019
    Sold for $300,000
  • 08 Jun 2018
    Listed for Sale REDUCED $375,000
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About Nunamara 7259

The size of Nunamara is approximately 224.1 square kilometres. It has 11 parks covering nearly 42% of total area. The population of Nunamara in 2011 was 267 people. By 2016 the population was 295 showing a population growth of 10.5% in the area during that time. The predominant age group in Nunamara is 50-59 years. Households in Nunamara are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nunamara work in a professional occupation. In 2011, 86.5% of the homes in Nunamara were owner-occupied compared with 84.5% in 2016.

Nunamara has 207 properties. Over the last 5 years, Houses in Nunamara have seen a 43.73% increase in median value. As at 30 September 2024:

  • The median value for Houses in Nunamara is $824,515 while the median value for Units is $308,701.
There are currently 1 property listed for sale, and no properties listed for rent in Nunamara on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Nunamara.

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