35 Queen StreetWest Ulverstone TAS 7315
Property Details for 35 Queen St, West Ulverstone
Last Listing description (October 2025)
Harcourts is proud to present this outstanding commercial investment at 35 Queen Street, West Ulverstone - currently home to the much-loved Hey Buddy restaurant. Offering a secure tenancy and a prime location, this property represents a truly seamless investment opportunity.
Property Features:
- Building size: approx. 88sqm
- Zoning: Local Business
- Potential for future extensions (STCA)
- Current lease: 5-year term from October 2020, with a further 5-year option
- Outgoings: Covered in full by tenant
- Leasing history: Strong and stable
Perfectly positioned in the rapidly growing West Ulverstone precinct, the property is just moments from the Ulverstone Sports & Leisure Centre, boat ramp, and public park - ensuring strong visibility and accessibility.
For further details, a copy of the Information Memorandum, or to arrange a private inspection, please contact Kurt Knowles from Harcourts Ulverstone & Penguin or Sarah Elphinstone from Harcourts Burnie.
*Harcourts Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.*
Property History for 35 Queen St, West Ulverstone, TAS 7315
- 13 Aug 2025Sold
- 08 Aug 2025Listed for Sale Best Offer Over $300,000
- 10 Jan 2020Listed for Sale Expressions of Interest
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0About West Ulverstone 7315
The size of West Ulverstone is approximately 17.8 square kilometres. It has 18 parks covering nearly 3.8% of total area. The population of West Ulverstone in 2016 was 4191 people. By 2021 the population was 4515 showing a population growth of 7.7% in the area during that time. The predominant age group in West Ulverstone is 60-69 years. Households in West Ulverstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Ulverstone work in a labourer occupation.In 2021, 71.50% of the homes in West Ulverstone were owner-occupied compared with 68.00% in 2016.
West Ulverstone has 1,995 properties. Over the last 5 years, Houses in West Ulverstone have seen a 77.72% increase in median value, while Units have seen a 46.91% increase. As at 30 November 2025:
- The median value for Houses in West Ulverstone is $536,833 while the median value for Units is $416,791.
- Houses have a median rent of $450 while Units have a median rent of $375.
Suburb Insights for West Ulverstone 7315
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