20 Mary St, Cygnet is a 3 bedroom, 4 bathroom House with 2 parking spaces and was built in 1907. The property has a land size of 1492m2 and floor size of 451m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Positioned in the desirable township of Cygnet The "Old Bank" stands strong. This superb circa 1907 Heritage Listed property offers an abundance of period features, income potential, business opportunity, not to mention a piece of history.
Starting with street appeal that begins as you approach the town centre, this building has been lovingly brought into the 21st Century, with the expansive Conservatory being a wonderful addition. This area is double glazed, drenched in natural sunlight and fully fitted out to be utilized as a restaurant or caf, complete with male and female restrooms. Further features that support this part of the building are the functional commercial kitchen and the cool room.
On ground floor one also finds the old banking chambers, complete with vault, kitchenette and toilet, offering entry via the grand front entrance. Additionally there are historical documents and photographs that have been preserved.
Previously having been run successfully as a B&B, the first floor consists of three fabulous bedrooms, each with their own luxurious bathroom as well as built in robes. Much care has been taken over the years to pay respect to the original building whilst also creating modern convenience and observing regulations and requirements.
Outside there is a delightful courtyard alongside the conservatory, a double garage, allocated off street parking, the old stables, as well as an established orchard, offering heritage varieties of apple and pear. There are also apricot and almond trees and space to further develop a veggie garden.
Here is an amazing opportunity to enjoy a country lifestyle and pursue your business dreams in the centre of Cygnet whilst being only a 45 minute drive to Hobart. The charismatic town of Cygnet attracts musicians and artists from all over the world for the endless exhibitions not to mention the Cygnet Folk Festival, one of the most anticipated cultural events in Tasmania's arts calendar.
Properties of this calibre rarely become available. Don't hesitate to contact Chenoa today as we expect this landmark piece of Tasmanian's real estate to be snapped up without hesitation.
The size of Cygnet is approximately 57.5 square kilometres. It has 8 parks covering nearly 18.0% of total area. The population of Cygnet in 2016 was 1556 people. By 2021 the population was 1742 showing a population growth of 12.0% in the area during that time. The predominant age group in Cygnet is 10-19 years. Households in Cygnet are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cygnet work in a professional occupation.In 2021, 73.50% of the homes in Cygnet were owner-occupied compared with 71.10% in 2016.
Cygnet has 1,044 properties. Over the last 5 years, Houses in Cygnet have seen a 40.04% increase in median value, while Units have seen a 32.33% increase. As at 31 January 2026:
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