15488 Lyell Highway, Derwent Bridge, TAS 7140 | Property Value & History | OnTheHouse
OFF MARKET

15488 Lyell Highway
Derwent Bridge TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 130m2
Land area: 3999m2
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Property Details for 15488 Lyell Hwy, Derwent Bridge

Building Type
Commercial
Floor Size
130m2
Land Size
3999m2
Local Government
Central Highlands
Lot/Plan
1/108469

Last Listing description (June 2019)

A rare offering a highly profitable, roadhouse/cafe, many miles from the nearest competition, situated at Derwent Bridge on the Lyell Highway.

A roaring success, frequently there is a line out the door waiting to place their order, this is a result of consistently good food, coffee and pleasant quality service, this business is kicking goals and you can feel the congenial atmosphere upon entrance.

Enjoying increasing tourism numbers and with the reopening of the Queenstown mine' coupled with the glowing social media reviews, which are very important today, this business will continue to prosper.

This business is situated on freehold title, has plenty of parking, and is capable of seating 50 customers internally and a similar number outside.

Priced to sell,offering a 4 bedroom home, workers accommodation, commercial kitchen, 4 car garage, and workshop.

Showing an attractive 23% return on investment, business closes for 2 weeks annually in August.

If you are looking for a business with a serious bottom line, where you would enjoy hanging your name above the door, phone Paul Scott on 0477 771 098

INTENDING PURCHASERS TO MAKE THEIR 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; Please Note: All figures quoted are approximate

Property Code: 47

Property History for 15488 Lyell Hwy, Derwent Bridge, TAS 7140

A timeline of how this property has performed in the market
Last Sold
$440,000
08 Feb 2021
  • 08 Feb 2021
    Sold for $440,000
  • 13 Feb 2019
    Listed for Sale $650,000 neg
  • 12 May 2003
    Sold for $260,000
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About Derwent Bridge 7140

The size of Derwent Bridge is approximately 96.7 square kilometres. There are 5 parks, covering nearly 181.5% of the total area. The population of Derwent Bridge in 2016 was 23 people. By 2021 the population was 40 showing a population growth of 73.9% in the area during that time. The predominant age group in Derwent Bridge is 20-29 years. Households in Derwent Bridge are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Derwent Bridge work in a managers occupation.In 2021, 22.20% of the homes in Derwent Bridge were owner-occupied compared with 75.00% in 2016.

Derwent Bridge has 18 properties. As at 30 June 2026:

  • The median value for Houses in Derwent Bridge is $333,907.
There are currently no properties listed for sale, and no properties listed for rent in Derwent bridge on OnTheHouse. According to Cotality's data, no properties were sold in the past 12 months in Derwent bridge.

Suburb Insights for Derwent Bridge 7140

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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.