4/2 Bucaan Street, Chigwell, TAS 7011 | Property Value & History | OnTheHouse
OFF MARKET

4/2 Bucaan Street
Chigwell TAS 7011

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 79m2
Land area: 119m2
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Property Details for 4/2 Bucaan St, Chigwell

Building Type
Commercial
Year Built
1958
Floor Size
79m2
Land Size
119m2
Local Government
Glenorchy
Lot/Plan
4/132262

Last Listing description (August 2020)

Do you have dreams of becoming your own boss? This is a perfect business opportunity for a partnership or family.

This is a unique opportunity to purchase a leasehold of a long established, multifaceted business with a strong local customer base.


The business currently operates 5 and 1/2 days per week (shorter business hours on the weekend) however, it can easily be turned into a 7 days per week to further increase profit.

The business provides essential services for residents in the surrounding areas and adjoins other solid businesses including a pharmacy, butcher, takeaway and hairdresser. The local Community Centre is also only a stones throw away.

Multiple, secure incomes are derived from two strong, national franchises; Australia Post and Tattslotto alongside Newsagent newspaper and magazine distribution rights for the area - entailing some 300 home delivery customers and two subagents. Post Office boxes are also located on the property.

Recent changes in Jackpot activities for Tattslotto have bolstered customer traffic and sales and present a strong opportunity for further growth.

Online shopping is continuing to grow and therefore further increasing foot traffic and commissions for the Australia Post side of the business.

Much of the internal shopfit is quite new, including display cases, form counters, shelving units and Tattslotto kiosk and it gives a revitalised and modern look to the interior of the shop.

On and off street parking is ample for both staff and customers.

Further growth is also very achievable. However, this is already a profitable business - the financial figures will speak for itself.

So, what are you waiting for? Make us an offer!


The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 4/2 Bucaan St, Chigwell, TAS 7011

A timeline of how this property has performed in the market
Last Sold
$200,000
19 Oct 2020
  • 19 Oct 2020
    Sold for $200,000
  • 22 Apr 2020
    Sold for $110,000
  • 19 Mar 2018
    Listed for Sale Offers around $450,000
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About Chigwell 7011

The size of Chigwell is approximately 3.0 square kilometres. There are 5 parks, covering nearly 7.2% of the total area. The population of Chigwell in 2016 was 2002 people. By 2021 the population was 2050 showing a population growth of 2.4% in the area during that time. The predominant age group in Chigwell is 30-39 years. Households in Chigwell are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chigwell work in a trades occupation.In 2021, 60.00% of the homes in Chigwell were owner-occupied compared with 61.70% in 2016.

Chigwell has 896 properties. Over the last 5 years, Houses in Chigwell have seen a 38.93% increase in median value, while Units have seen a 43.33% increase. As at 31 May 2026:

  • The median value for Houses in Chigwell is $630,764 while the median value for Units is $529,812.
  • Houses have a median rent of $550 while Units have a median rent of $220.
There are currently 1 property listed for sale, and 1 property listed for rent in Chigwell on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Chigwell.

Suburb Insights for Chigwell 7011

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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.