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1 Main Street

Winnaleah TAS 7265

3
1
1
507 m²
2259 m²
House
Currently for sale - view listing

Overview

Prime Investment with Excellent Commercial & Residential Potential

Here is a rare chance to secure a versatile property with multiple income streams and future development opportunity. Set on a generous 2,259m² block, this long-established site combines a secure commercial lease with residential accommodation and exciting scope for further growth (STCA). Commercial Tenancy Currently leased to Elders Rural Services on a solid long-term agreement, the original rural store/main building and an adjoining shed are both steeped in local history dating back to around 1935. The tenancy also includes a secure yard with security fence around the perimeter, and a lockup Colorbond shed. Currently leased at $18,934 per annum (plus CPI increments) until 1st February 2027, with two additional five year options available. Residence Positioned on a generously sized corner block is the adjoining 3-bedroom, 2-storey home offering additional investment opportunity, or excellent potential to renovate as a private residence for the new owner. Alternatively, it would be perfectly suited to convert into short-stay accommodation, and with ample space behind the existing building there is room to consider construction of additional units (STCA), tapping into the region's strong visitor demand. Location Winnaleah is a picturesque country town just a few minutes' drive away from the world-renowned Derby Mountain bike trails, the bustling Derby township and its popular cafes, restaurants, and shops. This property is a standout investment opportunity in a thriving tourism hub and vibrant rural community, contact us for a viewing today.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
507 m² floor area
2259 m² lot size
House

Happy sellers in Winnaleah

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Local market activity for 3 bedroom houses in Winnaleah

In the last 12 months, 2 three-bedroom houses similar to 1 Main Street, have been sold.

This represents a 50% increase in three-bedroom houses sales when compared to the previous 12 months.

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