OFF MARKET

1 Andrew Street
Strahan TAS 7468

Bedrooms: 11
Bathrooms: 11
Car spaces: -
Floor area: 93m2
Land area: 932m2
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Property Details for 1 Andrew St, Strahan

1 Andrew St, Strahan is a 11 bedroom, 11 bathroom Unit. The property has a land size of 932m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in April 1985.

Building Type
Unit
Floor Size
93m2
Land Size
932m2
Local Government
West Coast
Lot/Plan
25/240041

Last Listing description (April 2024)

Make no mistake this is not a misprint, these units present extremely well, are located in attractive gardens, have been regularly maintained and upgraded.

Sell your home live in one unit and either operate as is the current usage, overnight accommodation, generating approximately $385,000 (from 10 units) in 2023, or let on a permanent basis, which should return around around $150,000 plus pa.

Upside exists to do slight boundary adjustments as these villas are on 8 titles ( with road frontage) and sell

Additionally included is the reception, commercial and guest laundries, approximately 79m2.

These units have recently had split system air-conditioners installed, floor coverings and window furnishing replaced, new furniture and painted. They come fully furnished, with linen, crockery and cutlery. The complex has commercial and guest washing machines.

Manicured lawns with trees, scrubs and an established rose garden in the old railway turning circle.

The fastidious owners, originally built the units and have lovingly maintained them, it has been a labour of love, for almost 50 years.

Located in Strahan, on the West Coast of Tasmania, a very popular tourist destination and thriving centre for fish farming and Huon Pine.

This type of opportunity may never come your way again, so give it priority if it is of interest. Many times below replacement value. Gst may be applicable if turned into permanent lets,

For more information or to arrange a private viewing of this remarkable property, contact Praveen Pant 0432 256 682, or contact Paul Scott at 0477 771 098 email: praveenp@tasbps.com.au

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

NOTE: All figures are approximate.

Property Code: 1712

Property History for 1 Andrew St, Strahan, TAS 7468

A timeline of how this property has performed in the market
Last Sold
$4,000
29 Apr 1985
  • 03 Apr 2024
    Listed for Sale OFFERS OVER 1,095,000
  • 28 Nov 2012
    Listed for Sale $700,000
  • 03 Aug 2012
    Listed for Sale 700000
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About Strahan 7468

The size of Strahan is approximately 311.6 square kilometres. It has 21 parks covering nearly 88.7% of total area. The population of Strahan in 2011 was 824 people. By 2016 the population was 709 showing a population decline of 14.0% in the area during that time. The predominant age group in Strahan is 20-29 years. Households in Strahan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Strahan work in a managers occupation. In 2011, 63.3% of the homes in Strahan were owner-occupied compared with 61.1% in 2016.

Strahan has 676 properties. Over the last 5 years, Houses in Strahan have seen a 132.06% increase in median value, while Units have seen a 31.32% increase. As at 31 August 2024:

  • The median value for Houses in Strahan is $325,848 while the median value for Units is $150,700.
  • Houses have a median rent of $290 while Units have a median rent of $160.
There are currently 23 properties listed for sale, and 4 properties listed for rent in Strahan on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Strahan.

Suburb Insights for Strahan 7468

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.