2 Brady Street, Geeveston, TAS 7116 | Property Value & History | OnTheHouse
OFF MARKET

2 Brady Street
Geeveston TAS 7116

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 37m2
Land area: 55m2
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Property Details for 2 Brady St, Geeveston

Building Type
Commercial
Year Built
1971
Floor Size
37m2
Land Size
55m2
Local Government
Huon Valley
Lot/Plan
1/16378

Last Listing description (June 2026)

An exceptional opportunity to acquire both the freehold property and an established laundromat business in the heart of Geeveston. Ideally positioned in a prominent central location within the township, 2 Brady Street is the only laundromat servicing Geeveston and the surrounding communities, presenting a rare opportunity to secure a commercial investment with a proven income stream and limited local competition.

Designed to operate with minimal day-to-day intervention, the business benefits from a range of automated and remote management systems, meaning regular onsite attendance is generally only required periodically for routine maintenance, cleaning and stock replenishment.


The laundromat is currently equipped with seven washing machines, comprising five 9kg machines and two 14kg machines, along with five dryers, including three 11kg dryers and two 14kg dryers. The business also features a washing powder dispenser, providing added convenience for customers and an additional revenue stream.

The business has undergone significant improvements, including the installation of an automatic security shutter, commercial-grade non-slip vinyl flooring, upgraded internal signage, remote-access security cameras and a cashless payment system across all machines. In addition to providing customers with greater convenience, the cashless system enables operators to remotely monitor the premises and start machines when required, reducing the need for immediate onsite attendance should customer assistance be required.

Recent additions to the plant and equipment include a 12kg Electrolux washer and a 9kg Maytag washer, both of which remain under warranty.

Operational efficiencies have been further enhanced through automated power and water timers, which switch services on and off daily, helping minimise risk and reduce operating costs. Rooftop solar panels assist in keeping electricity expenses low, contributing to the overall efficiency of the business.

With the freehold title, established business, strategic central location and modern infrastructure already in place, this offering represents an outstanding opportunity for investors or owner-operators seeking a well-established commercial enterprise with the benefit of largely remote operation.

Council rates: circa $670 pa
Water rates: circa $4,400 pa
Figures available upon request

* 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 2 Brady St, Geeveston, TAS 7116

A timeline of how this property has performed in the market
Last Sold
$170,000
19 Dec 2023
  • 29 Jun 2026
    Listed for Sale Contact agent
  • 19 Dec 2023
    Sold for $170,000
  • 23 Apr 2003
    Sold for $32,000
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About Geeveston 7116

The size of Geeveston is approximately 232.4 square kilometres. There are 9 parks, covering nearly 82.6% of the total area. The population of Geeveston in 2016 was 1302 people. By 2021 the population was 1431 showing a population growth of 9.9% in the area during that time. The predominant age group in Geeveston is 60-69 years. Households in Geeveston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Geeveston work in a labourer occupation.In 2021, 81.20% of the homes in Geeveston were owner-occupied compared with 78.00% in 2016.

Geeveston has 812 properties. Over the last 5 years, Houses in Geeveston have seen a 39.85% increase in median value, while Units have seen a 169.70% increase. As at 30 June 2026:

  • The median value for Houses in Geeveston is $611,623 while the median value for Units is $453,922.
  • Houses have a median rent of $423.
There are currently 8 properties listed for sale, and no properties listed for rent in Geeveston on OnTheHouse. According to Cotality's data, 38 properties were sold in the past 12 months in Geeveston.

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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.