1 Read Street, Rosebery, Tas 7470

$175,000

House
Type
1
Bedrooms
1
Bathrooms
6
Parkings
482 m²
Area

Published on Tuesday, April 28, 2026 ( See property details for 1 Read Street, Rosebery, Tas 7470)

$175,000

Rodney Triffett Property Representative / Business Owner
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity in Rosebery featuring a historic service station with versatile workshop spaces, high rental yield, and prime highway frontage.

🏡 Property Highlights

  • Unique historic service station with versatile workshop facilities
  • High gross rental yield of 9.3% for investors
  • Prime location on the West Coast Tourist road with high traffic flow
  • Flexible lease options with current tenants or vacant possession
  • Includes heavy-duty workshop equipment such as near-new 4 post hoist
  • Strategic investment opportunity in a growing tourist destination

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Internal Laundry
  • Home Office / Study Nook
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens
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1 Read Street
Rosebery, TAS 7470
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Rosebery is a vibrant town on Tasmania's West Coast, renowned for its rich mining history, scenic mountain biking trails, fishing, hiking, and water adventures. The area benefits from growing tourist traffic, proximity to key attractions, and ongoing economic development initiatives. Its community-focused atmosphere makes it an ideal location for investment and business expansion.

Can I live in this property?
No, approvals would need to be obtained from the Council to reside there, as it is a historic service station zoned rural and primarily intended for commercial use.
What is included in the sale?
The sale includes the property, the workshop equipment such as the near-new 4 post hoist, metal band saw, flypress, milling machine, and bench lathe, along with the existing tenants' arrangements.
What are the current lease terms?
There are three tenants currently paying $340 per week, each willing to sign a 12-month lease or vacate, providing flexibility for new owners.
Are there any environmental concerns, such as petrol tanks?
The property is an old service station with decommissioned petrol tanks, and it is situated on Crown land with no current environmental hazards reported.
What are the zoning and development restrictions?
The property is zoned Rural, and any redevelopment or change of use would require approval from the local Council.
Are there any hidden costs or upcoming maintenance expenses associated with the property? Have all necessary approvals and permits been obtained for the current use and any planned redevelopment? Are there any known defects or environmental issues related to the decommissioned petrol tanks? What are the zoning restrictions and potential for future development or expansion? Is there any nearby construction or planning activity that could impact the property? Are there any easements, covenants, or restrictions on the Crown land adjoining the property? What are the flood or bushfire risks in this area? Are there any strata or body corporate considerations, if applicable? What is the condition of the existing workshop equipment and infrastructure? Are there any noise or neighbour concerns given the property's highway frontage?

1 Read Street, Rosebery, Tas 7470 - More Details

$175,000

Fuel your financial success with a unique investment opportunity in the heart of Rosebery on the West Coast Tourist road of Tasmania. We present to you the iconic old service station that's not just a piece of history but a golden ticket to future prosperity with a gross rental yield of 9.3%. Rosebery sits in a rich area of mining, tourism, mountain biking, fishing, hiking and water adventures.

This property boasts a well-divided layout, featuring a spacious showroom area (4.2m x 10.8m approx), workshop (8.7m x 11.3m approx), a functional kitchen, and a convenient storage room. The thoughtful design caters to a variety of businesses, making it a canvas for your investment dreams.

Need a space for heavy-duty projects? We've got you covered with a separate workshop that's 8m x 13.5m, complete with 3-phase power. The separate workshop, is ready for your strategic decision. Renew the lease or explore new ventures- this powerhouse is a versatile addition to your investment arsenal.

There are 3 current tenants, returning $340 per week. Each tenant is prepared to sign a 12-month lease or vacate, providing you with flexibility. You can either continue the existing leases, securing immediate returns, or collaborate with tenants to explore new opportunities for mutual growth.

Workshop equipment included in the sale consists of 4 post hoist (near new), Metal band saw, John Heine flypress, Toolroom milling machine & AL51G bench lathe.

Positioned on the main highway through Rosebery, this investment gem sits on the West Coast Tourist road, a hotspot for travelers and locals alike. Benefit from the constant flow of traffic, ensuring a steady stream of potential customers for your business.

Rosebery's growth as a tourist destination makes this property a strategic investment. Whether you're looking to start a new business, expand your portfolio, or redevelop for maximum returns, this is your chance to tap into the economic pulse of the region.

Why Invest in Rosebery?

• Growing Tourist Traffic
• Proximity to Key Attractions
• Economic Development Initiatives
• Community-Focused Atmosphere

Features
• PID 6027706
• Zoned Rural
• Yearly Council rates $1500
• Crown land adjoining property
• Town water & sewer serviced
• Old service station (petrol tanks decommissioned)

Please call Rodney to discuss further or to organise inspection.

Disclaimer: The information on this website has in part been supplied Harcourts West Coast by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harcourts West Coast has not checked the accuracy of the information and does no more than pass it on. Please note that there is no bedroom of bathroom at the property, and approvals would need to be obtained by Council to reside there.
Type
House
Bedrooms
1
Bathrooms
1
Parkings
6
Area
482 m²

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