34 Smith StreetSmithton TAS 7330
Property Details for 34 Smith St, Smithton
34 Smith St, Smithton is a 0 bedroom, 1 bathroom House and was built in 1956. The property has a land size of 1520m2 and floor size of 588m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (November 2021)
In today's market a true set and forget investment returning 7.5% with a long term tenant and strong lease terms is becoming more and more hard to come by. 34 Smith Street is an outstanding opportunity for the astute investor who is looking further than the major centres to secure a high yield.
Circular Head Bodyworks is the existing tenant and has been for many decades, current business owner commenced her apprenticeship in this building 37 years ago, this is a very well established business that is supported well by the local community.
The freehold property 34 Smith Street, Smithton is being offered to the market via expressions of interest with offers invited over $400,000
Features include:
-Building: 588m2 approx. across two floors
-Land size: 1,520m2 approx.
-Zoning 'General Business' (15.0)
-Central position in the centre of Smithton
-5 Year lease with 1 x 5 Year option
-Net income of $29,816pa ex GST
-All outgoings fully recoverable from tenant
Outgoings: (previous financial year)
Land Tax: $737.50
Council Rates: $2,410.07
TasWater: $1,936.00
To learn more about this property, contact Andy at Howell Property Group.
Property History for 34 Smith St, Smithton, TAS 7330
- 28 Sep 2021Sold for $385,000
- 06 Jul 2021Listed for Sale Offers invited over $400,000
- 12 May 2017Sold for $270,000
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About Smithton 7330
The size of Smithton is approximately 91.3 square kilometres. It has 18 parks covering nearly 4.6% of total area. The population of Smithton in 2016 was 3881 people. By 2021 the population was 3934 showing a population growth of 1.4% in the area during that time. The predominant age group in Smithton is 60-69 years. Households in Smithton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smithton work in a labourer occupation.In 2021, 67.80% of the homes in Smithton were owner-occupied compared with 65.70% in 2016.
Smithton has 2,195 properties. Over the last 5 years, Houses in Smithton have seen a 78.07% increase in median value, while Units have seen a 33.12% increase. As at 30 November 2025:
- The median value for Houses in Smithton is $418,679 while the median value for Units is $306,469.
- Houses have a median rent of $395 while Units have a median rent of $300.
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