Fingal, Tasmania

Versatile STCA Residence or Varied Commercial Application, Backpackers Depot Workshop o/o $729k

Offers Over $729,000

Business Description

A rare opportunity exists to purchase this unique property located in the peaceful rural hamlet of Fingal in Tasmania's east coast region.

Fingal is centrally located in the State's north-east, being approx. 40 mins to St Helens, an hour to Bicheno, an hour to Launceston Airport (or 10 minutes more to the city), and under 2 hours to Hobart. Surrounded by farmland and mountains, the Fingal Valley is a picturesque location brimming with history and natural attractions.

The South Esk River (known for its superb trout fishing) runs through Fingal, while you can get to the beach in under half an hour.
This one-of-a-kind property sits on over 2 acres of land (8,738 sqm) with too many features to mention.

First there is a huge ex-office building (approx. 38m x 10m) on a fully-fenced block, with a rear deck overlooking a lovely backyard featuring a range of established trees (including apples, oaks and a Weeping Willow).

Incorporating around 15 rooms of different sizes the largest being over 30sqm this building oozes potential. With a bit of imagination and some TLC, and subject to the necessary approvals, it could be refurbished into a rambling family home, with room for the kids, the pets, and your extended family too.

If you are looking for a business opportunity, the building could be adapted for a range of uses such as backpacker's hostel, low-cost accommodation, medical/specialist clinic, vet clinic, aged care facility, mixed-use professional offices ... the possibilities truly are endless (STCA).

There is a shortage of rental housing as well as seasonal worker accommodation in the area which this property could easily fulfill.

The building is also large enough to accommodate almost any administrative operation such as regional/State business headquarters, training facility or call centre. A nearby mobile phone tower provides reliable signal for both phone and data transmission.
Adjacent to the office, and accessed through a lockable gate, is the shed compound, featuring a range of sheds of varying sizes and configurations (one with mechanic's pit), storage rooms, self-contained flat and more. Become the envy of all your friends with Man/Woman Caves galore. It even has a helipad!

Fully fenced with cyclone mesh and largely sealed, the compound occupies 6,725sqm of land and has the added advantage of dual road access.

The compound would easily accommodate a variety of income-earning or community pursuits such as large vehicle storage, mechanical services, landscape/rural supplies, plant nursery, Men's Shed, arts/crafts centre, construction services and more (STCA).

It would also make an ideal base for transport, freight or logistics operations given its central NE location.

This property really has to be seen to be appreciated. You will be hard-pressed to find anything like it in Tasmania.

An adjoining unimproved block of land of 7,348sqm (approx. 1.8acres) is also available separately (offers over $90,000).

Please note that the current zoning of this property is Utilities which does not permit residential or commercial usage. An application to re-zone the property to Village and/or Residential is underway. However, a DA will still be required for any change of use or new construction.

Business Summary

Marketing Agent
Paul Scott
Paul Scott

Business Brokers Network Australia

Business Brokers Network Australia

Key Investment Insights

1. Rare opportunity to purchase a unique property in the peaceful rural hamlet of Fingal in Tasmania's east coast region.
2. Centrally located, with easy access to St Helens, Bicheno, Launceston, and Hobart.
3. Surrounded by farmland and mountains, with the South Esk River running through the town.
4. Property sits on over 2 acres of land with a variety of features.
5. Huge ex-office building with potential for a variety of uses, subject to necessary approvals.
6. Shortage of rental housing and seasonal worker accommodation in the area.
7. Shed compound with a range of sheds and storage rooms, suitable for a variety of income-earning or community pursuits.
8. Ideal location for transport, freight, or logistics operations.
9. Adjoining unimproved block of land also available for purchase.
10. Current zoning does not permit residential or commercial usage, but an application to re-zone is underway.
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Backpacker/Hostels, Bed & Breakfasts For Sale

You may also like

Central Otago Cromwell Built 2017 - Vendor Finance
AN OUTSTANDING BUSINESS IN A BEAUTIFUL PART OF VICTORIA - 2873ML
Mt Maunganui Magic
High Quality - Great Location - Investment
Exciting Management Rights Opportunity Available in Noosa
Unique Management Rights Opportunity Noosa
Supervisory Role, MOST Paid by Body Corp - ID 8532A
$200,000 NET, Vendors terms Multi business
Opportunity Knocks – It Has It All
BIRCH MOTEL
Your Dream Beachside Home and Profitable Business in Alexandra Headland | Resort Brokers ID : MR008745
High-performing motel in Perth's eastern suburbs - Net Profit over $668,000 | Resort Brokers ID : FH008743
Brisbane’s Best Business Only MLR – Dual Complex, Low Maintenance, High Returns!
Wellington Executive Lease
AN EXCELLENT OPPORTUNITY FOR NEWCOMERS TO THE INDUSTRY - 2774ML
Toowoomba Leasehold Motel Opportunity - 2006ML
15.43% ROI Business Only - $324K Net Profit, No Unit Purchase!
Leasehold Landmark Lords Hotel, sought after rare opportunity Offers Over $350,000 +sav