A Rare Opportunity to Live, Work, Invest or Develop. Often described as Tasmania's very own "Byron Bay", Penguin has a charm all of its own - a vibrant coastal township where boutique businesses, local favourites and a relaxed seaside lifestyle come together.
Held by the same family since it was built more than 75 years ago, this unique Main Road property is now ready for its next chapter, presenting an exciting opportunity for astute buyers to secure a versatile property in one of the North West Coast's most appealing locations.
Set on approximately 957m² of land on the fringe of Penguin's CBD, the property offers a wonderfully uncommon combination of residential comfort, commercial opportunity and potential for further development, subject to council approval (STCA).
The existing three-bedroom home features exceptionally well-proportioned rooms, providing generous space and a solid foundation for those looking to renovate, refresh and add their own contemporary touch. While the interiors reflect the home's era, its size, versatility and underlying potential offer plenty to get excited about.
Adding another dimension are two separate shopfronts, each with street access as well as internal access from the residence. With the property benefiting from Local Business zoning, the possibilities are varied - explore a live-and-work arrangement, establish a business, consider an investment opportunity or investigate the potential to further enhance the site, subject to the necessary approvals.
Positioned on the edge of the CBD, the property enjoys an appealing balance of relative tranquillity and passing pedestrian activity, with the added bonus of glimpses of Bass Strait.
And the lifestyle? It's all part of the appeal. The Coastal Pathway and beach are just a short stroll away, along with some of Penguin's much-loved destinations, including Penguin Beer Co., Seasons by the Sea restaurant, the Neptune Grand Hotel and the ever-popular Penguin Market.
Properties offering this combination of history, location, commercial versatility and future potential are rarely found.
Whether you're an investor, business owner, renovator or buyer with an eye for opportunity, this is your chance to secure a genuinely distinctive piece of Penguin and unlock its next chapter.
AUCTION - A RARE PENGUIN OPPORTUNITY
Saturday, 14 November 2026 at 11.00am
On site - 96-96A Main Road, Penguin
Inspect, imagine the possibilities and be ready to bid. Opportunities like this deserve your attention!
Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only.
