Diamond in the Tarkine
3 🛏 1 🛁 4+🚘
Offers Over $1,000,000.00
THE SEA CHANGE YOU'VE BEEN LOOKING FOR!
OFFERS OVER $1,000,000.00
It is extremely rare to find a property with such historical roots and potential like 37 Emmett Street, Smithton. Situated on the main drag in the fast-growing agricultural and tourist town, Smithton - in the great Tasmanian Tarkine region. Poised on Duck Bay at the end of the Bass Highway. This once in a lifetime opportunity has hit the market after being tightly held by the Beattie family for almost 4 decades.
Comprising a split of commercial and residential property with room to pivot and grow, properties like this are hard to find. With a first-floor residence consisting of 3 bedrooms, study, large kitchen with ample storage and bench space, substantially sized living and dining, bathroom fitted with bath and shower and a reverse cycling heating and cooling system for comfort in mind.
Boasting 7 individual shop fronts (3 currently leased), including an extremely successful launderette business to be sold with the property.
Smithton is fast becoming a well renowned tourist town in Tasmania, and the opportunity to redevelop and renovate to capitalise on the growing tourism trade, is simply too hard to look past. With council approval to transform the office spaces into inner city units for tourist accommodation – this cash cow is ripe for the picking.
3 bedrooms (2 with built-in robes).
Study (which could be converted into a 4th bedroom).
Large kitchen with ample storage and bench space.
Substantially sized living and dining area.
Large main bathroom fitted with bath and overhead shower.
Reverse cycle heating and cooling.
Main Street position.
7 Individual shop fronts.
Thriving laundromat business included in sale.
Zoned for redevelopment.
Opportunity to pivot from office space to accommodation and take advantage of the fast-growing tourist trade.
Building Size: 629m2 (approx.)
Land Size: 690m2 (approx.)
Council Rates: $5,000 p/a (approx.)
Water Rates: $1,400 p/quarter (approx.)
With a motivated owner looking forward to retirement, this property will not last long. For more information, please send through your expressions of interest and any further questions you via the link below.
Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.