OFF MARKET

8234 Bass Highway
Sassafras TAS 7307

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 240m2
Land area: 89000m2
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Property Details for 8234 Bass Hwy, Sassafras

Building Type
Commercial
Year Built
1960
Floor Size
240m2
Land Size
89000m2
Local Government
Latrobe

Last Listing description (April 2013)

Caltex Sassafras
Major Roadhouse operation occupying a prime Bass Highway site with very little competition between Burnie and Launceston.
Includes a shop with takeaway sales of $1.2 million and large fuel outlet and truck stop with sales around $2.8 million (total $4 million). A 3 bedroom family home is included together with surplus agricultural land - all on 9.5 hectares.

The business is the second biggest of its kind in Tasmania with strong growth every year since 2006. The recent closure of their closest competitor and a new fuel rebate will take the business to another level again.
An environmental audit of the site has just been completed, whereby it is clear from any contamination.
This sale is HIGHLY RECOMMENDED - in difficult economic times the best businesses to buy would have HIGH CASH FLOW and sell ESSENTIAL PRODUCTS, i.e. FOOD & FUEL.

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Property History for 8234 Bass Hwy, Sassafras, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$580,000
20 Aug 2004
  • 14 May 2012
    Listed for Sale FREEHOLD & BUSINESS -$1,400,000 PLUS STOCK
  • 20 Aug 2004
    Sold for $580,000
  • 05 May 1989
    Sold for $46,000
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About Sassafras 7307

The size of Sassafras is approximately 153.3 square kilometres. It has 5 parks covering nearly 39.4% of total area. The population of Sassafras in 2011 was 326 people. By 2016 the population was 333 showing a population growth of 2.1% in the area during that time. The predominant age group in Sassafras is 40-49 years. Households in Sassafras are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sassafras work in a managers occupation. In 2011, 72.9% of the homes in Sassafras were owner-occupied compared with 72.3% in 2016..

Sassafras has 168 properties. Over the last 5 years, Houses in Sassafras have seen a 58.66% increase in median value, while Units have seen a 147.81% increase. As at 31 October 2024:

  • The median value for Houses in Sassafras is $604,143 while the median value for Units is $638,495.
There are currently 6 properties listed for sale, and no properties listed for rent in Sassafras on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Sassafras.

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