9/1 Beach RoadKingston Beach TAS 7050
Property Details for 9/1 Beach Rd, Kingston Beach
Last Listing description (May 2022)
Raine & Horne Commercial is delighted to offer for sale a rare entry level investment in the vibrant and tightly held beachside suburb of Kingston Beach. Features include;
A prized, central position within the bustling Kingston Beach business precinct only 20 metres approx. from Osborne Esplanade. Opposite the Salty Dog Hotel the property is surrounded by cafes, restaurants and essential services.
Comprises a well presented strata title shop (88m2 approx) featuring an impressive and generous retail street frontage that provides excellent signage and display options.
Offered subject to the existing lease with not-for-profit charity Lifeline Tasmania (Inc.), occupiers of the property for approx. 20 years.
Current estimated rental income after deducting non-recoverable statutory and body corporate outgoings is approx. $28,784, with a review to CPI (Hobart) due 1st July 2022.
Featuring affordability, a prime location and quality tenant, this offering represents an outstanding opportunity for investors to enter the commercial market or to add to an existing portfolio.
Property History for 9/1 Beach Rd, Kingston Beach, TAS 7050
- 25 Apr 2022Sold for $650,000
- 08 Apr 2022Listed for Sale Price on Application
- 26 Mar 2015Sold for $390,000
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0About Kingston Beach 7050
The size of Kingston Beach is approximately 1.5 square kilometres. It has 8 parks covering nearly 14.1% of total area. The population of Kingston Beach in 2016 was 1990 people. By 2021 the population was 2305 showing a population growth of 15.8% in the area during that time. The predominant age group in Kingston Beach is 70-79 years. Households in Kingston Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingston Beach work in a professional occupation.In 2021, 72.20% of the homes in Kingston Beach were owner-occupied compared with 73.30% in 2016.
Kingston Beach has 1,079 properties. Over the last 5 years, Houses in Kingston Beach have seen a 28.65% increase in median value, while Units have seen a 28.46% increase. As at 30 April 2026:
- The median value for Houses in Kingston Beach is $980,052 while the median value for Units is $602,930.
- Houses have a median rent of $660 while Units have a median rent of $500.
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