OFF MARKET

64 Main Street
Wilmot TAS 7310

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 296m2
Land area: 1868m2
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Property Details for 64 Main St, Wilmot

Building Type
Commercial
Year Built
1920
Floor Size
296m2
Land Size
1868m2
Local Government
Kentish
Lot/Plan
1/116829

Last Listing description (January 2014)

FREEHOLD GENERAL STORE- POSTOFFICE- BOTTLE SHOP- RESIDENCE
Situated on the tourist road to Cradle Mountain this country store that was the original Coles Store in Australia and has been serving locals and tourists since 1899. The business turns over approx $800,000 with income coming from the Post Office-Bottle Shop-General Store-newsagency-tea rooms-takeaways and fuel sales. Devonshire tea seating for 14 diners inside and outside tea gardens for 28 plus verandah areas proves very popular especially with the tourists. The business is staffed by husband and wife and 2 casuals.
Wilmot is about half an hour south of Devonport and is just north of Cradle Mountain which attracts over two hundred thousand tourists each year, there are also many other tourist attractions in the area. A memorabilia room also gives the tourists another reason to stop and see how the forebearers of the Coles family stated off in business before moving to the mainland and starting the Coles Supermarket Empire. Wilmot is the hub of a prosperous farming region and the business is well supported by the local community who are a captive market with the Post Office and newsagency in store. The 3 bedroom residence has a new bathroom, a large kitchen and generous living areas. The turnover of approx. $800,000 produces a very good Net Profit and accounts are available for this freehold property from the Listing Agent-Tony Hollister-call anytime or email for initial discussions.

Property History for 64 Main St, Wilmot, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$35,000
25 Oct 2014
  • 25 Oct 2014
    Sold for $35,000
  • 17 Jan 2014
    Listed for Sale $520,000 + S.A.V.
  • 21 Dec 2012
    Listed for Sale $520,000+SAV
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About Wilmot 7310

The size of Wilmot is approximately 66.8 square kilometres. It has 3 parks covering nearly 13.3% of total area. The population of Wilmot in 2011 was 395 people. By 2016 the population was 290 showing a population decline of 26.6% in the area during that time. The predominant age group in Wilmot is 50-59 years. Households in Wilmot are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wilmot work in a managers occupation. In 2011, 85.2% of the homes in Wilmot were owner-occupied compared with 76.9% in 2016.

Wilmot has 189 properties. Over the last 5 years, Houses in Wilmot have seen a 143.68% increase in median value. As at 31 October 2024:

  • The median value for Houses in Wilmot is $568,826.
There are currently 4 properties listed for sale, and no properties listed for rent in Wilmot on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Wilmot.

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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.