89 Main Street, Bridport, TAS 7262 | House for sale | OnTheHouse
 
FOR SALE
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89 Main Street
Bridport TAS 7262

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 796m2
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Prime Residential and Commercial Property

This property comprises on the first level a tastefully refurbished penthouse style 3 bedroom home with ensuite to master bedroom, open plan kitchen/living, positioned to sit back, relax and enjoy the fabulous sea and bay views as well as overlooking the activities on the village green.
The complex is underpinned by two established long-term commercial tenancies with direct Main Street frontage, providing immediate and reliable income. Positioned on a 796m2 block zoned village.
Importantly, the property also benefits from existing council approval for the subdivision of a 320sqm rear allotment, allowing investors to unlock additional value through development or divestment.
From an investment perspective, the property offers significant future optionality. In its current configuration it lends itself (STCA) to strata titling into up to four separate lots, with further upside through the potential creation of additional first-floor commercial or residential tenancies above the main commercial space.
The township of Bridport is a highly regarded tourist destination and one of Tasmania's fastest-growing lifestyle markets. Ongoing and planned development in the area, including a new shopping complex and a proposed new pier, are expected to further enhance visitation, amenity and long-term demand, underpinning both rental growth and capital appreciation.
This is a rare opportunity to secure a high-exposure, mixed-use freehold with diversified income streams, development flexibility and strong long-term growth fundamentals.
Investment Features:
• Landmark corner freehold in Bridport's primary commercial precinct
• Strong exposure with extensive street frontage and high passing traffic
• Two commercial tenancies secured by long-term leases
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Property Details for 89 Main St, Bridport

89 Main St, Bridport is a 3 bedroom, 2 bathroom House and was built in 1919. The property has a land size of 796m2. The place is currently for sale with Harcourts North East.

Building Type
House
Year Built
1919
Land Size
796m2
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About Bridport 7262

The size of Bridport is approximately 323.5 square kilometres. There are 20 parks, covering nearly 17.5% of the total area. The population of Bridport in 2016 was 1568 people. By 2021 the population was 1742 showing a population growth of 11.1% in the area during that time. The predominant age group in Bridport is 60-69 years. Households in Bridport are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bridport work in a trades occupation.In 2021, 75.60% of the homes in Bridport were owner-occupied compared with 72.80% in 2016.

Bridport has 1,487 properties. Over the last 5 years, Houses in Bridport have seen a 38.37% increase in median value, while Units have seen a 36.59% increase. As at 31 August 2026:

  • The median value for Houses in Bridport is $608,148 while the median value for Units is $535,602.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 24 properties listed for sale, and 2 properties listed for rent in Bridport on OnTheHouse. According to Cotality's data, 53 properties were sold in the past 12 months in Bridport.

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Andrew Bennett
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Erica Davis
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Harcourts North East
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