OFF MARKET

84 Meander Valley Road
Westbury TAS 7303

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 272m2
Land area: 1385m2
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Property Details for 84 Meander Valley Rd, Westbury

Building Type
Commercial
Year Built
1950
Floor Size
272m2
Land Size
1385m2
Local Government
Meander Valley
Lot/Plan
4/63856

Last Listing description (June 2022)

One of Tasmania's busiest takeaway food outlets, in a one takeaway outlet town.Freehold going concern offered with all stock included, extensive well maintained plant and equipment, 75 solar panels.

It has the reputation for quality takeaway food, with 4.5 star google reviews, customers are saying amazing, friendly, quick service, clean spacious premises.Offering all the popular deep fried goodies, fish n chips, a wide variety of hamburgers and steak sandwiches, salad bar --rolls and sandwiches, pies and pasties, scoop an stick ice creams, impulse lines and huge range of drinks, all high margin lines.

Customers include the transport industry, tradies before during and after work, locals, visitors and all passing travellers who want to enjoy some tasty food.

There is enough space on the block to construct a residence (stca) and the spacious premises lends itself to further expansion into pizzas, cafe-style offering, possibly a bakery or kababs.

There has never been a better time to purchase a business, Westbury including the whole Meander Valley is enjoying a development boom, the rural economy is very buoyant and Tasmania has been the best performing state economy for many quarters, this business c ould set you up for life.

Salient features of this standout opportunity are the high net profit, the upside available to a new operator, due to the spacious premises, easy level parking and limited competition.

For the serious purchasers who can demonstrate their financial capacity to move on this long-established, highly successful business, contact Paul Scott email: pauls@tasbps.com.au ph 0477 771 098 or Praveen Pant 0432 256 682 email: admin@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: 426

Property History for 84 Meander Valley Rd, Westbury, TAS 7303

A timeline of how this property has performed in the market
Last Sold
$550,000
06 Jan 2022
  • 02 Jun 2022
    Listed for Sale $1.5m wiwo freehold
  • 06 Jan 2022
    Sold for $550,000
  • 18 Oct 2021
    Listed for Sale $1.5m wiwo freehold
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About Westbury 7303

The size of Westbury is approximately 93.4 square kilometres. It has 7 parks covering nearly 0.3% of total area. The population of Westbury in 2011 was 2,104 people. By 2016 the population was 2,018 showing a population decline of 4.1% in the area during that time. The predominant age group in Westbury is 60-69 years. Households in Westbury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Westbury work in a professional occupation. In 2011, 76.1% of the homes in Westbury were owner-occupied compared with 74.5% in 2016.

Westbury has 1,291 properties. Over the last 5 years, Houses in Westbury have seen a 70.26% increase in median value, while Units have seen a 74.36% increase. As at 31 October 2024:

  • The median value for Houses in Westbury is $539,496 while the median value for Units is $376,211.
  • Houses have a median rent of $450 while Units have a median rent of $210.
There are currently 5 properties listed for sale, and no properties listed for rent in Westbury on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Westbury.

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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.