7 Patrick StreetWhitemark TAS 7255
Property Details for 7 Patrick St, Whitemark
Last Listing description (June 2019)
This Flinders Island freehold business is offered for sale due to the pending retirement of the current Owners after a period of about 40 years. The property includes a substantial freehold shop, residence and land. If you are looking for a sea-change, here is a great opportunity for a couple to secure this successful business, which has the scope for further retail development if desired. Opening hours are Monday to Friday 9 to 5 and income is derived from the post office, bank agency, Telstra lease, stationary and gift lines. All plant and equipment is included in the sale to run the business. To the rear of the business is a comfortable 4 bedroom home, 2 car garage/workshop and large back yard. The property is centrally located in Whitemark next to the IGA and near the local hotel and general store and just 200 metres to the beach. This is a great business and lifestyle opportunity ideal to be run by a couple. Current Owners will offer a period of settling in/training to the new owners.
PLEASE NOTE: The Bendigo & Adelaide Bank agency currently operates within the business, however the agency is not included in the sale. The continuation of the agency is subject to new owners submitting an application for consideration to the Bendigo & Adelaide Bank Ltd.
For more information on Flinders Island, head to the "Visit Flinders Island" website.
Property History for 7 Patrick St, Whitemark, TAS 7255
- 26 Nov 2018Sold for $600,000
- 06 Jul 2018Listed for Sale $600,000 plus GST if applicable
- 31 Dec 1993Sold for $82,200
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About Whitemark 7255
The size of Whitemark is approximately 105.5 square kilometres. It has 5 parks covering nearly 45.6% of total area. The population of Whitemark in 2016 was 301 people. By 2021 the population was 308 showing a population growth of 2.3% in the area during that time. The predominant age group in Whitemark is 70-79 years. Households in Whitemark are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Whitemark work in a labourer occupation.In 2021, 59.90% of the homes in Whitemark were owner-occupied compared with 60.40% in 2016.
Whitemark has 300 properties. Over the last 5 years, Houses in Whitemark have seen a 53.96% increase in median value, while Units have seen a 103.98% increase. As at 30 November 2025:
- The median value for Houses in Whitemark is $424,620 while the median value for Units is $1,665,539.
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