289 Tankerton RoadFrench Island VIC 3921
Property Details for 289 Tankerton Rd, French Island
289 Tankerton Rd, French Island is a 0 bedroom, 0 bathroom House. The property has a land size of 6021m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
Last Listing description (April 2023)
A once in a generation opportunity to secure a French Island lifestyle together with the premier income producing commercial property on French Island.
Thriving monopoly tenant with existing use rights for General Store, Licensed Post Office, Authorised News Agency, Packaged Liquor License, Licensed Restaurant/Cafe, Sale of Fuel and Fodder plus tourist accommodation with growth potential (i.e. additional accommodation with water views S.T.G.A.) plus a Telco ground station with recently renewed lease.
Contact Exclusive agent Chris Watt on 0417 588 321 for information memorandum and Phil Bock on 0438 497 715 for inspection.
The business of French Island General Store is not For Sale.
Property History for 289 Tankerton Rd, French Island, VIC 3921
- 26 Aug 2022Listed for Sale Not Disclosed
- 28 May 2016Sold for $290,000
- 14 Mar 2002Sold for $200,000
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About French Island 3921
The size of French Island is approximately 170.4 square kilometres. It has 1 park covering nearly 70.4% of total area. The population of French Island in 2011 was 116 people. By 2016 the population was 106 showing a population decline of 8.6% in the area during that time. The predominant age group in French Island is 60-69 years. Households in French Island are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in French Island work in a managers occupation. In 2011, 100% of the homes in French Island were owner-occupied compared with 85.5% in 2016..
French Island has 516 properties. Over the last 5 years, Houses in French Island have seen a 89.20% increase in median value, while Units have seen a 93.88% increase. As at 31 December 2024:
- The median value for Houses in French Island is $1,045,220 while the median value for Units is $495,236.
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