46-48 Emmett StreetSmithton TAS 7330
Property Details for 46-48 Emmett St, Smithton
Last Listing description (September 2024)
A HUGE PRICE DROP FOR a huge vacant space with the largest showroom of the building having a complete renovation carried out recently. The main area has an office (staff room) and new toilet facilities. There is still the opportunity to finish renovations and also room for 20 accommodation units on the 2nd level which would be subject to Council approval. Plans are available for development.
The building is located in the main CBD of Smithton with huge glass display windows and very good street access. With the 2 existing shop fronts giving a return of 5% per annum. The main street of Smithton shop frontage is a great location and also one shop front has been fully renovated and leased out.
Property History for 46-48 Emmett St, Smithton, TAS 7330
- 17 Sep 2024Sold
- 22 Jul 2024Listed for Sale SOLD
- 11 Aug 2022Listed for Sale $480,000
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0About Smithton 7330
The size of Smithton is approximately 91.3 square kilometres. It has 18 parks covering nearly 4.6% of total area. The population of Smithton in 2011 was 3,934 people. By 2016 the population was 3,862 showing a population decline of 1.8% in the area during that time. The predominant age group in Smithton is 50-59 years. Households in Smithton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smithton work in a labourer occupation. In 2011, 70.1% of the homes in Smithton were owner-occupied compared with 65.7% in 2016.
Smithton has 2,208 properties. Over the last 5 years, Houses in Smithton have seen a 74.31% increase in median value, while Units have seen a 73.36% increase. As at 31 October 2024:
- The median value for Houses in Smithton is $376,319 while the median value for Units is $311,935.
- Houses have a median rent of $375 while Units have a median rent of $193.
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