3139 South Arm RoadSouth Arm TAS 7022
Property Details for 3139 South Arm Rd, South Arm
Last Listing description (February 2022)
Federation house and attached post office /newsagency general store in a fabulous growing seaside suburb approximately 35 minutes to Hobart and on school and government (Metro ) bus services. Primary school is just a short walk away as well as parks, reserves, and beaches. As there are no letterboxes people come to pick up their mail buy some items and have a chat. The property has a wide range of general goods and also petrol and diesel tanks (just been pressure tested and approved), this is great as a very patronised launching ramp and jetty is located 200 metres away sees a high turnover from visitors and locals. The takeaways fish and chips, jacqui burgers, etc are always excellent.
The accommodation has old Baltic high ceilings, pressed tin, and other features. The master bedroom is massive with a big robe room. The second bedroom is a large double with built-ins and a third, a twin bedroom. Two lounges plus an undeveloped area used as storage could be utilized if required. Wood heater, air conditioning, 2 kitchens, renovated bathroom, separate toilet, a separate laundry, and a really private and wonderful partly covered BBQ courtyard. There are sheds and a double garage.
The shop has a great turnover ($1m plus) and gets an additional $110k per year as the post office. The current staff would love to stay on. It's amazingly affordable considering you live there and can use the product etc for yourselves. A great lifestyle for community-minded couples like the current owners who are retiring after 15 years of service and respect. Hurry though, they may change their minds as it's so likable.
Further information can be supplied and inspections will be strictly by appointment at suitable times to the current owners.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this
Property History for 3139 South Arm Rd, South Arm, TAS 7022
- 29 Jun 2022Sold for $875,000
- 03 Dec 2020Listed for Sale $895,000
- 02 Nov 2005Sold for $420,000
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About South Arm 7022
The size of South Arm is approximately 9.2 square kilometres. It has 5 parks covering nearly 4% of total area. The population of South Arm in 2011 was 833 people. By 2016 the population was 851 showing a population growth of 2.2% in the area during that time. The predominant age group in South Arm is 60-69 years. Households in South Arm are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Arm work in a professional occupation. In 2011, 82.5% of the homes in South Arm were owner-occupied compared with 81.2% in 2016.
South Arm has 577 properties. Over the last 5 years, Houses in South Arm have seen a 55.71% increase in median value. As at 31 October 2024:
- The median value for Houses in South Arm is $710,945 while the median value for Units is $508,506.
- Houses have a median rent of $463.
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