Coles Bay does not need much of an introduction, it is the gateway to the world-renowned Freycinet National Park, which is home to Wineglass Bay, one of Australia's top beaches. 1 Garnet Avenue sits right on the water in the heart of Coles Bay with a commanding view of the Hazards that would be difficult to beat.
This is a once in a lifetime opportunity to purchase a parcel of land that has a very bright future as a key commercial development on Tasmania's East Coast. Tourism, Hospitality and Accommodation opportunities come to mind when considering potential future use (STCA).
$700,000
Features include:
-Land size 653m2 approx.
-Zoning 'Local Business' (20.0)
-Irreplaceable land holding with unbeatable views
-Outstanding commercial development opportunity
-Freycinet sees over 300,000 visitors per year (pre COVID)
-The Freycinet Peninsula is in the top three visitor destinations in Tasmania
To learn more about this property, contact Andy at Howell Property Group.
The size of Coles Bay is approximately 106.9 square kilometres. There are 3 parks, covering nearly 47.6% of the total area. The population of Coles Bay in 2016 was 353 people. By 2021 the population was 515 showing a population growth of 45.9% in the area during that time. The predominant age group in Coles Bay is 30-39 years. Households in Coles Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coles Bay work in a labourer occupation.In 2021, 63.50% of the homes in Coles Bay were owner-occupied compared with 71.70% in 2016.
Coles Bay has 911 properties. Over the last 5 years, Houses in Coles Bay have seen a 31.61% increase in median value, while Units have seen a 37.82% increase. As at 31 May 2026:
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