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Sold on 21 May 2024 for $550,000

26 Vicary Street
Triabunna TAS 7190

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Floor area: 186m2
Land area: 1143m2
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Property Details for 26 Vicary St, Triabunna

26 Vicary St, Triabunna is a 5 bedroom, 2 bathroom House with 6 parking spaces and was built in 1870. The property has a land size of 1143m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Triabunna in the last 12 months.

Building Type
House
Year Built
1870
Floor Size
186m2
Land Size
1143m2
Local Government
Glamorgan-Spring Bay
Lot/Plan
1/20836

Last Listing description (May 2024)

Located in the heart of the vibrant Spring Bay / Maria Island region this property enjoys prime placement benefiting from heavy traffic through the area. Buzzing with activity and drawing locals and tourists alike with a projected 50,000+ visitors to Maria Island per annum. Positioned at the start of the iconic “Great Eastern Drive”, the gateway to vineyards, hiking tracks, beaches, boating and spectacular scenery providing an opportunity to become a destination in its own right.

The seller has now decided to offer to market the two titles for separate sale.

Title 20836/1 Restaurant - Offers over $600,000 - NOW UNDER CONTRACT

This property would suit those looking to enter the hospitality business or expand their commercial property portfolio on the vibrant East Coast. With flexible zoning the building sits a substantial 1143 sqm block with 186 sqm of floor space.

For those looking to operate a food or restaurant business this property offers a generous sized commercial kitchen with sun filled dining rooms leading out to an al fresco garden setting. Upstairs would be ideal for owner/operators featuring 3 bedrooms, a living area and bathroom. With increasing East Coast visitor numbers, the local hospitality market is ready for those wanting to operate a well-run café or restaurant, with the potential to expand the business further via catering, special functions, dining experiences or a tapas & wine bar to name a few.

Title 20836/2 Vacant Land - Offers Over $225,000 - NOW UNDER CONTRACT
This 1153 sqm block sits in the heart of Triabunna and is now offered to market separate to the Colonial. Zoned commercial residential it offers a multitude of uses – private residence, visitor accommodation, Airbnb, eco pods, hospitality workers short stay accommodation to name just a few (STCA)

Vacant land of this size, position and zoning rarely comes to market. With Triabunna on the verge of its next growth and development stage this is the perfect chance to secure a land parcel central to all amenities.

Please call Greg for a confidential discussion and inspection.

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Property History for 26 Vicary St, Triabunna, TAS 7190

A timeline of how this property has performed in the market
Last Sold
$550,000
21 May 2024
  • 21 May 2024
    Sold for $550,000
  • 19 Feb 2024
    Listed for Sale Offers over $600,000
  • 03 May 2018
    Sold for $600,000
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About Triabunna 7190

The size of Triabunna is approximately 173.9 square kilometres. It has 16 parks covering nearly 8% of total area. The population of Triabunna in 2011 was 895 people. By 2016 the population was 898 showing a population growth of 0.3% in the area during that time. The predominant age group in Triabunna is 60-69 years. Households in Triabunna are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Triabunna work in a labourer occupation. In 2011, 70.4% of the homes in Triabunna were owner-occupied compared with 68.2% in 2016.

Triabunna has 682 properties. Over the last 5 years, Houses in Triabunna have seen a 96.34% increase in median value, while Units have seen a 117.36% increase. As at 31 August 2024:

  • The median value for Houses in Triabunna is $566,550 while the median value for Units is $490,665.
  • Houses have a median rent of $260.
There are currently 22 properties listed for sale, and 2 properties listed for rent in Triabunna on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Triabunna.

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Contact agent
Greg Crump
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Elders Tasmania
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