OFF MARKET

60 High Street
Oatlands TAS 7120

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 650m2
Land area: 2484m2
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Property Details for 60 High St, Oatlands

Building Type
Commercial
Year Built
1900
Floor Size
650m2
Land Size
2484m2
Local Government
Southern Midlands
Lot/Plan
1/41596

Last Listing description (August 2023)

Being situated in Tasmania's heartlands it's difficult to call "The Kentish" the chance for a sea change, but for those looking for a change of pace this recently renovated hotel in the historic town of Oatlands is undoubtedly an incredible opportunity.

Oatlands lies approximately halfway between Launceston and Hobart, with a history dating back to the early 1800's, and has seen increasing investment in tourism and hospitality aligned ventures over the past several years.

This includes the opening of the Callington Mill Whisky Distillery and announcement of plans to develop an $18M boutique hotel adjacent to the picturesque Lake Dulverton.

The Hotel itself has been lovingly restored throughout and now provides a diverse and considered hospitality offering in line with the historic significance of the town and the Tasmania's reputation as the nation's premiere eco-tourism destination.

Both the caf and bar are serviced throughout the day by a full commercial kitchen, with the upper level of the property home to 7 self-contained rooms and Manager's quarters, which could be readily converted to another room to maximise your return on investment.

With Tasmania's domestic tourism numbers now getting back to pre-COVID levels there has never been a better time to embark on a hospitality venture such as this - all the hard work has been done.

- Prime position on the main street of Oatlands
- Painstakingly renovated & restored throughout
- Full commercial kitchen and caf fit out
- Diverse income streams from caf, bar and accommodation
- 7 self contained rooms plus manager's quarters
- All plant & equipment included
- Opportunities for further development on balance of land and beer garden (STCA)

Offers are invited via expressions of interest with no closing date.

For more information on this property please contact Andy or Ben at Howell Property Group.

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.

Property History for 60 High St, Oatlands, TAS 7120

A timeline of how this property has performed in the market
Last Sold
$1,300,000
26 Jul 2023
  • 26 Jul 2023
    Sold for $1,300,000
  • 20 Dec 2022
    Listed for Sale Contact Agent
  • 18 Feb 2020
    Sold for $780,000
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About Oatlands 7120

The size of Oatlands is approximately 211.1 square kilometres. It has 6 parks covering nearly 1.4% of total area. The population of Oatlands in 2011 was 867 people. By 2016 the population was 680 showing a population decline of 21.6% in the area during that time. The predominant age group in Oatlands is 60-69 years. Households in Oatlands are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Oatlands work in a labourer occupation. In 2011, 74.6% of the homes in Oatlands were owner-occupied compared with 69.7% in 2016.

Oatlands has 486 properties. Over the last 5 years, Houses in Oatlands have seen a 89.65% increase in median value, while Units have seen a 78.23% increase. As at 31 October 2024:

  • The median value for Houses in Oatlands is $409,192 while the median value for Units is $378,098.
There are currently 4 properties listed for sale, and 1 property listed for rent in Oatlands on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Oatlands.

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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.