OFF MARKET

253 Bass Highway
Ocean Vista TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 16040m2
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Property Details for 253 Bass Hwy, Ocean Vista

Building Type
Commercial
Year Built
1964
Land Size
16040m2
Local Government
Burnie
Lot/Plan
1/197346

Last Listing description (March 2018)

Resort Brokers ID : LH003322

Two businesses in the one location, Motel and Caravan Park.

Motel comprises 5 Sea View units and 6 one or two bedroom Park View units.

Caravan Park with 4 deluxe cabins, 12 family cabins and backpackers.

38 powered sites and beautiful tent sites next to a creek.

Two BBQ's, car wash, in-door heated pool and guest lounge.

All rooms are self-contained and have digital TV's and DVD players.

2 bedroom managers house and night managers flat located behind reception.

25 year lease from purchase. Market Rent.

NB: Property inspections are by appointment only

Property History for 253 Bass Hwy, Ocean Vista, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$752,000
13 Sep 2002
  • 30 Aug 2014
    Listed for Sale $745,000 + SAV
  • 13 Sep 2002
    Sold for $752,000
  • 16 Nov 1993
    Sold for $775,000

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About Ocean Vista 7320

The size of Ocean Vista is approximately 0.8 square kilometres. It has 3 parks covering nearly 0.3% of total area. The population of Ocean Vista in 2011 was 363 people. By 2016 the population was 302 showing a population decline of 16.8% in the area during that time. The predominant age group in Ocean Vista is 50-59 years. Households in Ocean Vista are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ocean Vista work in a professional occupation. In 2011, 72.3% of the homes in Ocean Vista were owner-occupied compared with 71% in 2016.

Ocean Vista has 168 properties. Over the last 5 years, Houses in Ocean Vista have seen a 62.60% increase in median value, while Units have seen a 86.19% increase. As at 31 October 2024:

  • The median value for Houses in Ocean Vista is $550,418 while the median value for Units is $323,226.
  • Houses have a median rent of $270 while Units have a median rent of $160.
There are currently no properties listed for sale, and no properties listed for rent in Ocean vista on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Ocean vista.

Suburb Insights for Ocean Vista 7320

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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.