OFF MARKET

2215 Channel Highway
Snug TAS 7054

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 205m2
Land area: 1725m2
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Property Details for 2215 Channel Hwy, Snug

Building Type
Commercial
Year Built
1968
Floor Size
205m2
Land Size
1725m2
Local Government
Kingborough
Lot/Plan
1/51565

Last Listing description (February 2022)

2215 Channel Highway, Snug is a 1,725m2 allotment situated along the Channel Highway, a necessary thoroughfare for numerous Tasmanian attractions, such as Bruny Island.

The lower level of 2215 Channel Highway is the Snug Friendly Store, that has a total floor area of approximately 160m2. The upper level of the property is a three bedroom apartment of approximately 120m2. This space is complimented by copious additional storage, totalling approximately 150m2.

2215 Channel Highway has substantial development potential given its large allotment and village zoning under the Kingborough Interim Planning Scheme 2015.

Further details, including an information memorandum and financial information, are available upon request

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Property History for 2215 Channel Hwy, Snug, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$1,400,000
04 Apr 2022
  • 04 Apr 2022
    Sold for $1,400,000
  • 22 Sep 2021
    Listed for Sale Contact Agent
  • 29 May 2015
    Listed for Sale Not Disclosed
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About Snug 7054

The size of Snug is approximately 23.1 square kilometres. It has 1 park covering nearly 45% of total area. The population of Snug in 2011 was 856 people. By 2016 the population was 1,202 showing a population growth of 40.4% in the area during that time. The predominant age group in Snug is 0-9 years. Households in Snug are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Snug work in a professional occupation. In 2011, 77.9% of the homes in Snug were owner-occupied compared with 72.9% in 2016.

Snug has 540 properties. Over the last 5 years, Houses in Snug have seen a 47.85% increase in median value, while Units have seen a 57.02% increase. As at 31 August 2024:

  • The median value for Houses in Snug is $728,488 while the median value for Units is $544,240.
  • Houses have a median rent of $490 while Units have a median rent of $300.
There are currently 3 properties listed for sale, and no properties listed for rent in Snug on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Snug.

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