OFF MARKET

44 Franklin Street
Swansea TAS 7190

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 270m2
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Property Details for 44 Franklin St, Swansea

Building Type
Commercial
Year Built
1950
Floor Size
56m2
Land Size
270m2
Local Government
Glamorgan-Spring Bay
Lot/Plan
3/155946

Last Listing description (April 2023)

With main road frontage to 'The Great Eastern Drive' on Tasmania's stunning east coast, onsite parking and thriving local business "Cake & Honey" currently operating in the space, this recently modernised commercial building in the heart of Swansea is ideal for the savvy business owner/investor looking for their own retail or shop space for the future, whilst earning a passive side income in the meantime.

Property comprises:


Retail floor space approx. 32 sqm
Wash/prep area approx. 8 sqm
Storeroom or office approx. 6 sqm
Staff shower/toilet/vanity
Fenced rear yard area

Current 2yr lease - ends 31 July 2024

Ideal as a central retail shop, food outlet, office or showroom, the potential is endless in an ever growing, fast developing area within 30 minutes from Bicheno/Triabunna/Orford, 45 minutes from Coles Bay.

Roberts Real Estate have 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. Photos are indicative of the property only.

Property History for 44 Franklin St, Swansea, TAS 7190

A timeline of how this property has performed in the market
Last Sold
$290,000
01 May 2023
Listed for Rent
$220k/w
29 Jul 2019
  • 01 May 2023
    Sold for $290,000
  • 03 Feb 2023
    Sold for $290,000
  • 31 Jan 2023
    Sold for $290,000
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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.

Suburb Insights for Swansea 7190

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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.