1 Read Street, Rosebery, TAS 7470 | Property Value & History | OnTheHouse
OFF MARKET

1 Read Street
Rosebery TAS 7470

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 111m2
Land area: 594m2
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Property Details for 1 Read St, Rosebery

1 Read St, Rosebery is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 594m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1968
Floor Size
111m2
Land Size
594m2
Local Government
West Coast
Lot/Plan
1/212821

Last Listing description (May 2025)

Fuel your financial success with a unique investment opportunity in the heart of Rosebery on the West Coast Tourist road of Tasmania. We present to you the iconic old service station that's not just a piece of history but a golden ticket to future prosperity with a gross rental yield of 9.3%. Rosebery sits in a rich area of mining, tourism, mountain biking, fishing, hiking and water adventures.
This property boasts a well-divided layout, featuring a spacious showroom area (4.2m x 10.8m approx), workshop (8.7m x 11.3m approx), a functional kitchen, and a convenient storage room. The thoughtful design caters to a variety of businesses, making it a canvas for your investment dreams.
Need a space for heavy-duty projects? We've got you covered with a separate workshop that's 8m x 13.5m, complete with 3-phase power. The separate workshop, is ready for your strategic decision. Renew the lease or explore new ventures- this powerhouse is a versatile addition to your investment arsenal.

There are 3 current tenants, returning $340 per week. Each tenant is prepared to sign a 12-month lease or vacate, providing you with flexibility. You can either continue the existing leases, securing immediate returns, or collaborate with tenants to explore new opportunities for mutual growth.
Workshop equipment included in the sale consists of 4 post hoist (near new), Metal band saw, John Heine flypress, Toolroom milling machine & AL51G bench lathe.

Positioned on the main highway through Rosebery, this investment gem sits on the West Coast Tourist road, a hotspot for travelers and locals alike. Benefit from the constant flow of traffic, ensuring a steady stream of potential customers for your business.
Rosebery's growth as a tourist destination makes this property a strategic investment. Whether you're looking to start a new business, expand your portfolio, or redevelop for maximum returns, this is your chance to tap into the economic pulse of the region.

Why Invest in Rosebery?

Growing Tourist Traffic
Proximity to Key Attractions
Economic Development Initiatives
Community-Focused Atmosphere

Features
PID 6027706
Zoned Rural
Yearly Council rates $1500
Crown land adjoining property
Town water & sewer serviced
Old service station (petrol tanks decommissioned)

Please call Rodney to discuss further or to organise inspection.

Disclaimer: The information on this website has in part been supplied Harcourts West Coast by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harcourts West Coast has not checked the accuracy of the information and does no more than pass it on.

Property History for 1 Read St, Rosebery, TAS 7470

A timeline of how this property has performed in the market
Last Sold
$90,000
22 Sep 2021
  • 09 May 2025
    Listed for Sale $175,000
  • 21 Oct 2024
    Listed for Sale $175,000
  • 16 Nov 2023
    Listed for Sale $220,000
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About Rosebery 7470

The size of Rosebery is approximately 107.6 square kilometres. It has 11 parks covering nearly 99.4% of total area. The population of Rosebery in 2016 was 708 people. By 2021 the population was 752 showing a population growth of 6.2% in the area during that time. The predominant age group in Rosebery is 60-69 years. Households in Rosebery are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Rosebery work in a machinery operators and drivers occupation.In 2021, 66.00% of the homes in Rosebery were owner-occupied compared with 59.90% in 2016.

Rosebery has 752 properties. Over the last 5 years, Houses in Rosebery have seen a 74.96% increase in median value, while Units have seen a 93.76% increase. As at 31 January 2026:

  • The median value for Houses in Rosebery is $199,807 while the median value for Units is $192,972.
  • Houses have a median rent of $250 while Units have a median rent of $115.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Rosebery on OnTheHouse. According to Cotality's data, 42 properties were sold in the past 12 months in Rosebery.

Suburb Insights for Rosebery 7470

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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.