OFF MARKET

43 Main Street
Sheffield TAS 7306

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 153m2
Land area: 818m2
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Last updated 16 Sep 2024
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Property Details for 43 Main St, Sheffield

43 Main St, Sheffield is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 818m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1900
Floor Size
153m2
Land Size
818m2
Local Government
Kentish
Lot/Plan
3/40978

Last Listing description (December 2023)

Nestled along the vibrant main street of Sheffield, "JESNEL" presents an enchanting character home that seamlessly combines residential comfort with entrepreneurial possibilities. This remarkable property is ideally positioned in the heart of the renowned "Town of Murals," an artistic haven just a short drive away from both Devonport and Launceston.

Occupying an expansive 818m2 parcel of land, this property boasts a distinctive three-four bedroom residence with the front bedroom currently running as short stay accommodation, accompanied by a commercial space at the front of the building. The storefront exudes a captivating blend of eclecticism and charm, echoing the era of the property. Its amenities include a convenient kitchenette/counter space, separate dining areas, and generous main street parking.
Once home to the Lazy Tearooms, this property's potential spans a wide spectrum, from a gallery to a homewares or clothing boutique, and more.

The dwelling at the rear offers the perfect live/work lifestyle with a sun-drenched living space adding an inviting touch. There is also a commercial kitchen that could be utilised for a business venture (STA).

- Prime location on Sheffield's main street.
- Characterful three to four bedroom residence with commercial space.
- Fully equipped commercial kitchen and cool room.
- Separate self-contained one-bedroom apartment.
- Eclectic and charming storefront with kitchenette and dining spaces.
- Ample main street parking for convenience.
- Versatile possibilities from gallery to boutique and more.
- Additional expansive area adjacent to the main shop front.
- Opportunities for investment, Airbnb, or live/work arrangement.
- Sun-soaked living space and enclosed rear parcel of land.
- New 6.43kw Solar System installed

The flat and fully enclosed parcel of land is accessible via a right of way on the side of the home. Notably, the rear space holds potential for an additional dwelling (subject to council approval).
Furthermore, the recently established mountain bike trails connecting Sheffield to Railton and Latrobe, coupled with Sheffield's role as the gateway to Cradle Mountain, add a layer of allure for prospective owners, promising a multitude of prospects.

**McGrath Devonport believe information contained is accurate however interested parties should rely upon their own enquires. Plans are indicative only

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Property History for 43 Main St, Sheffield, TAS 7306

A timeline of how this property has performed in the market
Last Sold
$665,000
26 Aug 2023
  • 26 Aug 2023
    Sold for $665,000
  • 22 Aug 2023
    Listed for Sale Best Offer Over $675K
  • 29 Dec 2021
    Sold for $585,000
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About Sheffield 7306

The size of Sheffield is approximately 60.9 square kilometres. It has 5 parks covering nearly 11.1% of total area. The population of Sheffield in 2011 was 1,538 people. By 2016 the population was 1,566 showing a population growth of 1.8% in the area during that time. The predominant age group in Sheffield is 60-69 years. Households in Sheffield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sheffield work in a managers occupation. In 2011, 72.1% of the homes in Sheffield were owner-occupied compared with 71.6% in 2016.

Sheffield has 907 properties. Over the last 5 years, Houses in Sheffield have seen a 71.82% increase in median value, while Units have seen a 55.95% increase. As at 31 August 2024:

  • The median value for Houses in Sheffield is $463,124 while the median value for Units is $330,499.
  • Houses have a median rent of $398.
There are currently 10 properties listed for sale, and no properties listed for rent in Sheffield on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Sheffield.

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