OFF MARKET

2 Foster Street
Railton TAS 7305

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 185m2
Land area: 778m2
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Property Details for 2 Foster St, Railton

Building Type
Commercial
Year Built
1958
Floor Size
185m2
Land Size
778m2
Local Government
Kentish
Lot/Plan
1/12259

Last Listing description (June 2022)

This business ticks all the boxes. The turnover is excellent with room to increase takings, and the price has been reduced.
A steady flow of customers, broad range of items on offer and regular income from Australia post has ensured a consistent turnover hovering around $550,000 in recent years. Income from Post Office, News Agency, gift lines, stationery, 136 mail boxes and 2 mail runs.
Pleasant working conditions - Post Office opens 5.3 days per week, giving each owner the opportunity of spare time away from the business.

There is plenty of upside, as the owners have eased back after 10 years of operating the business.
Comfortable 3 bedroom home with 2 living areas, spacious bathroom, modern kitchen and lovely decor, all set in pleasant gardens.
Building is in excellent repair and has all P&E required to run a successful business.
Located in a country town with a beautiful wide streetscape, known for its topiary and central to other major cities.
If you are looking for a fantastic work/life balance, with time to catch up on R&R or spend time with your partner, don't go past this opportunity.
This is an all round enjoyable, congenial business set in an inclusive and welcoming community.
Priced to sell @offers over $540,000+sav

Phone Business Broker Paul Scott on 0477 771 098 or email pauls@tasbps.com.au.

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.

Property Code: 293

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Property History for 2 Foster St, Railton, TAS 7305

A timeline of how this property has performed in the market
Last Sold
$315,000
23 Feb 2021
  • 02 Jun 2022
    Listed for Sale $540,000 offers over
  • 23 Feb 2021
    Sold for $315,000
  • 17 Jul 2019
    Listed for Sale $540,000 offers over
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About Railton 7305

The size of Railton is approximately 70.9 square kilometres. It has 5 parks covering nearly 30.2% of total area. The population of Railton in 2011 was 1,230 people. By 2016 the population was 1,010 showing a population decline of 17.9% in the area during that time. The predominant age group in Railton is 50-59 years. Households in Railton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Railton work in a labourer occupation. In 2011, 80.7% of the homes in Railton were owner-occupied compared with 79.7% in 2016.

Railton has 595 properties. Over the last 5 years, Houses in Railton have seen a 105.95% increase in median value. As at 31 October 2024:

  • The median value for Houses in Railton is $442,794 while the median value for Units is $411,881.
  • Houses have a median rent of $385.
There are currently 7 properties listed for sale, and 1 property listed for rent in Railton on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Railton.

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