50 Arve RoadGeeveston TAS 7116
Property Details for 50 Arve Rd, Geeveston
Last Listing description (June 2023)
Burgess Rawson is pleased to offer to the market, 50 Arve Road, Geeveston TAS for sale via our Investment Portfolio Auction 161.
This opportunity has the following key investment highlights:
+Brand new and secure 10-year lease to proven roadhouse operator from 2023 through to 2033 plus options to 2043.
+Bennetts Petroleum: Tasmania's largest Ampol distributor and multi site operator with 16+ sites in operation.
+Favourable rental reviews: annual CPI reviews and fixed 3% increases.
+Landlord-favourable, set-and-forget net lease structure with tenant responsible for council rates, water rates and single holding Land Tax.
+Strategic 866 sqm* site with 30 metres* of frontage to Arve Road which connects to the Huon Highway the major highway link between Hobart and the Huon Valley.
+High Yielding, superb entry level asset, minimal management commercial investment.
+Geeveston: One of the worlds most important apple and fruit growing regions and on the route to one of Southern Tasmania's most popular tourist attractions, the Tahune Airwalk.
+Tasmania: Leading the nation , ranked #1 in key economic indicators in CommSecs's latest State of the States report***
+Net Income: $43,930 pa + GST (Nov 2023)
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 21 June 2023
Crown Casino, Melbourne
Property History for 50 Arve Rd, Geeveston, TAS 7116
- 28 Jun 2024Sold for $422,500
- 21 Jun 2023Sold for $495,000
- 08 Jun 2023Listed for Sale Price on Request
Recent sales nearby
See more recent sales nearby/assets/perm/2cgj3apj7qi63mghy4kw2iis54?signature=136146ac34c77d7a30f8e183ed3d38d4db3b5bedde50e4fc2b025fa262db9bc1){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0About Geeveston 7116
The size of Geeveston is approximately 232.4 square kilometres. It has 9 parks covering nearly 82.6% of 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 811 properties. Over the last 5 years, Houses in Geeveston have seen a 38.12% increase in median value, while Units have seen a 169.70% increase. As at 30 April 2026:
- The median value for Houses in Geeveston is $608,923 while the median value for Units is $440,808.
- Houses have a median rent of $423.
Suburb Insights for Geeveston 7116
Market Insights
Geeveston Trends for Houses
N/A
N/A
View TrendN/A
N/A
Geeveston Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
