96-96A Main Road, Penguin, TAS 7316 | House for sale | OnTheHouse
FOR SALE
Auction

96-96A Main Road
Penguin TAS 7316

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 190m2
Land area: 957m2
Auction Time
Sat 14 Nov 11:00 am
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A Penguin Original - 75 Years in the Making!

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
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Property Details for 96-96a Main Rd, Penguin

96-96a Main Rd, Penguin is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 957m2 and floor size of 190m2. The place is currently for sale with Roberts Real Estate Ulverstone.

Building Type
House
Floor Size
190m2
Land Size
957m2
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About Penguin 7316

The size of Penguin is approximately 45.4 square kilometres. There are 14 parks, covering nearly 23.2% of the total area. The population of Penguin in 2016 was 3849 people. By 2021 the population was 4132 showing a population growth of 7.4% in the area during that time. The predominant age group in Penguin is 50-59 years. Households in Penguin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Penguin work in a professional occupation.In 2021, 75.00% of the homes in Penguin were owner-occupied compared with 75.00% in 2016.

Penguin has 2,119 properties. Over the last 5 years, Houses in Penguin have seen a 35.65% increase in median value, while Units have seen a 57.99% increase. As at 30 September 2026:

  • The median value for Houses in Penguin is $689,751 while the median value for Units is $486,997.
  • Houses have a median rent of $495 while Units have a median rent of $335.
There are currently 31 properties listed for sale, and no properties listed for rent in Penguin on OnTheHouse. According to Cotality's data, 99 properties were sold in the past 12 months in Penguin.

Suburb Insights for Penguin 7316

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Contact agent
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Amanda Breen
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Fred Guilbert
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Roberts Real Estate Ulverstone
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.