39365 Tasman HighwayNunamara TAS 7259
Property Details for 39365 Tasman Hwy, Nunamara
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
* 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.
Property History for 39365 Tasman Hwy, Nunamara, TAS 7259
- 27 Aug 2024Sold for $300,000
- 13 Mar 2019Sold for $300,000
- 08 Jun 2018Listed for Sale REDUCED $375,000
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0About 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 51.50% increase in median value. As at 31 October 2024:
- The median value for Houses in Nunamara is $748,891 while the median value for Units is $308,701.
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