OFF MARKET

2 Franklin Street
Swansea TAS 7190

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Floor area: 336m2
Land area: 1413m2
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Property Details for 2 Franklin St, Swansea

Building Type
Commercial
Year Built
2004
Floor Size
336m2
Land Size
1413m2
Local Government
Glamorgan-Spring Bay
Lot/Plan
7/76004

Last Listing description (June 2024)

With a captive audience at your fingertips, a private residence at the ready and additional land with further development potential - this property is one for the savvy developer or business owner with big, big plans!

Located just off the Tasman Highway in the booming seaside town of Swansea, and opposite two bustling motels, this fabulous property incorporates a large and well-equipped modern restaurant/caf, a 3-bedroom 2-bathroom private residence and a huge carpark at the rear giving plenty of additional room to build, extend or develop in the future (STCA).

Available now as a vacant freehold purchase, the property offers:

Restaurant/Caf (lower level)
- Huge fully equipped commercial kitchen
- All plant and equipment (full inventory available)
- Inside and outside dining approx. 50+ seats
- Private sheltered courtyard
- Children's playroom
- Disabled toilet facilities
- Multiple storerooms
- Staff toilet & shower
- Ample on and off-street parking
- Approx. 30 metre street frontage
- Ocean views from inside and out
- Driveway access to rear

Private Residence (upper level)
- 3-bedroom, 2-bathroom, commercial kitchen
- Separate internal & external entrances
- Ocean, recreation ground and coastal views
- Ideal Manager's residence, staff accommodation or holiday investment

Carpark/Land for Development
- Local business zoning allows for a multitude of development options! (STCA)
- Views over the recreation ground, golf course & Freycinet Peninsula
- Beach access to Waterloo Point & beach across the road
- Short walking distance to Golf Club, Bowls Club, Swansea Recreation Ground, corner store, hairdresser, Bendigo Bank, Post Office & all town facilities
- Ideal for residential or holiday unit investment with excellent demand

Additional information:

Year Built: 2006 approx
Land Size: 1401 sqm
Floor Area: Commercial approx. 216 sqm
Floor Area: Residential approx. 126 sqm
Council Rates: $4,192 pa approx.
Water Rates: $2,776 pa approx.
Municipality: Glamorgan-Spring Bay
Zoning: Local Business

For more information or to arrange an inspection please contact local agent Bianca Melling or Paul Whytcross at Roberts Real Estate East Coast.

Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements are approximate.

Property History for 2 Franklin St, Swansea, TAS 7190

A timeline of how this property has performed in the market
Last Sold
$1,172,000
14 Mar 2023
Listed for Rent
$230/w
02 Aug 2013
  • 14 Mar 2023
    Sold for $1,172,000
  • 22 Dec 2022
    Listed for Sale Expressions Of Interest
  • 20 Jan 2017
    Sold for $390,000
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About Swansea 7190

The size of Swansea is approximately 245.4 square kilometres. It has 17 parks covering nearly 6.8% of total area. The population of Swansea in 2011 was 770 people. By 2016 the population was 858 showing a population growth of 11.4% in the area during that time. The predominant age group in Swansea is 60-69 years. Households in Swansea are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Swansea work in a labourer occupation. In 2011, 76.8% of the homes in Swansea were owner-occupied compared with 70.4% in 2016.

Swansea has 1,022 properties. Over the last 5 years, Houses in Swansea have seen a 111.59% increase in median value, while Units have seen a 119.76% increase. As at 31 August 2024:

  • The median value for Houses in Swansea is $710,560 while the median value for Units is $559,615.
  • Houses have a median rent of $410.
There are currently 24 properties listed for sale, and 1 property listed for rent in Swansea on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Swansea.

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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.