1/1 Castray Esplanade, Battery Point, TAS 7004 | Property Value & History | OnTheHouse
OFF MARKET

1/1 Castray Esplanade
Battery Point TAS 7004

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 269m2
Land area: 292m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 1/1 Castray Esp, Battery Point

Building Type
Commercial
Floor Size
269m2
Land Size
292m2
Local Government
Hobart
Lot/Plan
1/136729

Last Listing description (August 2016)

LINK Business Hobart is pleased to offer for sale for the first time this unique licensed restaurant in one of the most highly sought after real estate locations in Tasmania.
Salamanca is host to a never ending list of events year round including the following:
- Saturday Salamanca Markets

- Dark MOFO
- Taste of Tasmania
- Festival of Voices
- Spiegeltent Hobart
- Wooden Boat Festival
- Weekend Night Life
Its no secret Salamanca is the place to be in Hobart. With high occupancy rates its a rare find to come across a business with the following attributes:
- Six Figure Turnover in 2015-2016 and growing
- 41% Growth in Revenue from 2014-2015
- 59% Gross Profit Margin
- Rent ONLY 4.6% of Turnover
- Unbelievable lease terms for a Salamanca Business
- Well Established for over 6 years +
- Fantastic Fit out & Well maintained equipment
- Comfortable seats 120+ Guests (Mixed indoor & outdoor)
- Amazing waterfront views
- Trades 6 Days a week
- Huge opportunity to grow the business with promoting Breakfast/Lunches
- Priced very realistically
This business is very suitable for a husband & wife team or perhaps a partnership. With outstanding ROI a business of this standard will sell fast.
Please call me at any time for a confidential conversation directly on 0401 009 469. You can alternatively reach me on Farzinh@linkbusiness.com.au. I look forward to hearing from you.
Ref# 14527
Broker : Farzin Hesari
Please note, no private information can be exchanged without a fully signed confidentiality agreement. To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/14527
We are locally based right here in Hobart. Images used are only for marketing purposes. The purchaser to make his/her own investigations and enquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.

Property History for 1/1 Castray Esp, Battery Point, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$1,400,000
27 Aug 2014
  • 01 Aug 2016
    Listed for Sale By Offer
  • 27 Aug 2014
    Sold for $1,400,000
  • 30 Jun 2002
    Sold for $447,000
Commute Calculator

About Battery Point 7004

The size of Battery Point is approximately 0.7 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Battery Point in 2016 was 1997 people. By 2021 the population was 2096 showing a population growth of 5.0% in the area during that time. The predominant age group in Battery Point is 20-29 years. Households in Battery Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Battery Point work in a professional occupation.In 2021, 50.30% of the homes in Battery Point were owner-occupied compared with 51.20% in 2016.

Battery Point has 1,747 properties. Over the last 5 years, Houses in Battery Point have seen a 29.51% increase in median value, while Units have seen a 21.05% increase. As at 31 December 2025:

  • The median value for Houses in Battery Point is $1,501,133 while the median value for Units is $830,129.
  • Houses have a median rent of $675 while Units have a median rent of $600.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Battery point on OnTheHouse. According to Cotality's data, 67 properties were sold in the past 12 months in Battery point.

Suburb Insights for Battery Point 7004

Market Insights
Battery Point Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Battery Point Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.