OFF MARKET

91 High Street
Oatlands TAS 7120

Bedrooms: -
Bathrooms: -
Car spaces: 50
Floor area: 715m2
Land area: 4423m2
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Property Details for 91 High St, Oatlands

Building Type
Commercial
Year Built
1958
Floor Size
715m2
Land Size
4423m2
Local Government
Southern Midlands
Lot/Plan
3/39228

Last Listing description (June 2018)

FOR SALE OR LEASE
Ray White Hobart are excited to offer the Midlands Hotel For Sale or Lease by way of Expressions of Interest closing Friday November 18th. The Midlands Hotel is prominently located on the Main Street of Oatlands and is one of only two Hotels servicing the historic township.
Built in 1958 of brick and sandstone the hotel features Public bar, Function room, 5 upstairs guest rooms, Bottle shop, Managers flat, Gaming room (Approvals have been sought for the reintroduction of 12 machines), Tote & Keno.

The Hotel operates as a bar/food venue with gaming facilities (pending approval). They have a regular local clientele as well as good business from tourists who are attracted
by the town s historic buildings and central location between Hobart and
Launceston.
The property also boasts Development Approval for a Boutique Hotel and Distillery. This is a very unique opportunity that will be well supported by local and state governments.
The Midlands Hotel bar offers a warm, ambient atmosphere where one can enjoy casual drinks with friends, a game of pool or have a flutter on the races in the Tote. After a day of exploring come back to the Midlands Hotel and enjoy a freshly cooked meal and bottle of wine by a cosy log fire in the dining room. Whether it s a weekend away, business trip or just dropping in, the friendly staff of the Midlands ensure every guest s visit is one to remember.

Property History for 91 High St, Oatlands, TAS 7120

A timeline of how this property has performed in the market
Last Sold
$835,000
27 Jul 2020
  • 27 Jul 2020
    Sold for $835,000
  • 21 Oct 2016
    Listed for Sale POA
  • 21 Oct 2016
    Listed for Rent - Price not available
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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 485 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 5 properties listed for sale, and no properties listed for rent in Oatlands on OnTheHouse. According to CoreLogic's data, 12 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.