74 Forth RoadTurners Beach TAS 7315
Property Details for 74 Forth Rd, Turners Beach
Last Listing description (October 2021)
** UNDER CONTRACT ** Located in the Turners Beach/Forth area of the North West Coast of Tasmania, this property is positioned to service both the surrounding local communities, as well as the significant volume of passing traffic on the nearby Bass Highway.
The service station has been operating for over 50 years, with the current tenant occupying the property since 2014. The tenancy provides the sale of petrol, general groceries, hot and cold takeaways, and is an Australia Post approved site, offering postal services and PO boxes.
Report available as evidence that site is compliant with all environmental requirements, tested regularly as a tenant and regulatory responsibility and is free from any contamination or other issues.
The tenant works with their supplier Shell Australia, who have recently installed modern, digital price boards at the road side.
The building size is approximately 95 sqm and sits on a land area of approximately 1,265 sqm.
With the tenant looking to remain at the site long into the future, they have recently taken up the first of their 5 year Options, with the current lease expiry November 2024, having lease Options in place through to 2039.
A great long term investment showing an approx 7.5% net return on listing price, with annual CPI increases during each lease term and market rent reviews on commencement of Option periods.
Listing price is reduced to sell quickly at $670,000.
Contact the listing agent Colin Rowlands of Halliwell Property Agents for further information.
Property History for 74 Forth Rd, Turners Beach, TAS 7315
- 07 Oct 2021Listed for Sale Reduced to $670,000
- 21 Jun 2021Sold for $580,000
- 25 Sep 1985Sold for $30,250
Recent sales nearby
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0About Turners Beach 7315
The size of Turners Beach is approximately 6.8 square kilometres. It has 6 parks covering nearly 2.4% of total area. The population of Turners Beach in 2016 was 1715 people. By 2021 the population was 1966 showing a population growth of 14.6% in the area during that time. The predominant age group in Turners Beach is 60-69 years. Households in Turners Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Turners Beach work in a professional occupation.In 2021, 81.30% of the homes in Turners Beach were owner-occupied compared with 80.10% in 2016.
Turners Beach has 995 properties. Over the last 5 years, Houses in Turners Beach have seen a 64.87% increase in median value, while Units have seen a 42.69% increase. As at 30 November 2025:
- The median value for Houses in Turners Beach is $701,957 while the median value for Units is $376,611.
- Houses have a median rent of $450 while Units have a median rent of $220.
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