115 Bass Highway, Somerset, TAS 7322 | Property Value & History | OnTheHouse
OFF MARKET

115 Bass Highway
Somerset TAS 7322

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 324m2
Land area: 43676m2
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Property Details for 115 Bass Hwy, Somerset

115 Bass Hwy, Somerset is a 1 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 43676m2 and floor size of 324m2. While the property is not currently for sale or for rent, it was last sold in January 2006.

Building Type
House
Year Built
1950
Floor Size
324m2
Land Size
43676m2
Local Government
Waratah-Wynyard
Lot/Plan
2/47785

Last Listing description (September 2017)

Opportunities like this are rare and for the many people who this will suit here is that once in a lifetime chance to live your perfect dream.
An impressive three storey character structure featuring a paddock rock constructed and timber beamed lower level which currently operates as the popular food and beverage business known as Two Oaks Cafe. The large open second level with bathroom appears perfect for a residential conversion and the amazing third level will find the King and Queen of this castle awaking to spectacular views over the beach, ocean and Table Cape.
Set on approx 1 acre (4260m2) comprising of beautiful foliaged gardens, outdoor dining areas, parking and an multi-purpose barn-like building which contains a serving area, an entertainment mezzanine level and a fantastic full wall movie screen the cinema shed .

The popularity of the Cafe which can comfortably cater for 125 guests is well known and the grounds, infrastructure and location constantly attract wedding party enquiry. Perfect for optional boutique industries such as micro-breweries, ice creamery, well-being centre, arts and crafts studio etc (STCA). Most retail or membership activity ideas are likely to be successful (as the cafe is) due to Two Oaks fantastic positioning alongside a high traffic thoroughfare allowing self-advertising which is priceless. The vendors are selling the land and buildings and are including the operating freehold cafe with all plant, equipment and mentoring in this price!

Property History for 115 Bass Hwy, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$1,200,000
25 Jan 2006
  • 02 May 2016
    Listed for Sale Not Disclosed
  • 25 Jan 2006
    Sold for $1,200,000
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About Somerset 7322

The size of Somerset is approximately 27.0 square kilometres. There are 8 parks, covering nearly 1.3% of the total area. The population of Somerset in 2016 was 3903 people. By 2021 the population was 4067 showing a population growth of 4.2% in the area during that time. The predominant age group in Somerset is 60-69 years. Households in Somerset are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Somerset work in a professional occupation.In 2021, 69.70% of the homes in Somerset were owner-occupied compared with 69.30% in 2016.

Somerset has 2,053 properties. Over the last 5 years, Houses in Somerset have seen a 64.73% increase in median value, while Units have seen a 66.82% increase. As at 31 July 2026:

  • The median value for Houses in Somerset is $545,781 while the median value for Units is $473,460.
  • Houses have a median rent of $470 while Units have a median rent of $340.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Somerset on OnTheHouse. According to Cotality's data, 68 properties were sold in the past 12 months in Somerset.

Suburb Insights for Somerset 7322

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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.