BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:The most central residential and commercial opportunity in Brid port\nA tightly held\, blue-chip freehold investment opportunity in the co mmercial heart of Bridport.\n\nOccupying a landmark corner position at the intersection of Main and Henry Streets\, 89 Main Street represents one of Bridport's most prominent and versatile commercial holdings. \n\nProperti es of this scale\, exposure and flexibility rarely come to market in this premier Northeast Tasmanian coastal destination.\n\nThe complex is underpi nned by two established long-term commercial tenancies with direct Main St reet frontage\, providing immediate and reliable income. Above\, a fully r efurbished three-bedroom\, two-bathroom residence occupies the entire firs t floor and is offered vacant\, presenting a clear value-add opportunity t hrough residential leasing or short-stay accommodation. \n\nPositioned on a 796m2 block\, zoning is village.\n\nThe residential component enjoys ele vated views and direct access to a substantial rear yard with off street p arking and plenty of room for the kids. Importantly\, the property also be nefits from existing council approval for the subdivision of a 320sqm rear allotment\, allowing investors to unlock additional value through develop ment or divestment.\n\nFrom an investment perspective\, the property offer s significant future optionality. In its current configuration it lends it self (STCA) to strata titling into up to four separate lots\, with further upside through the potential creation of additional first-floor commercia l or residential tenancies above the main commercial space.\n\nThe townshi p of Bridport is a highly regarded tourist destination and one of Tasmania 's fastest-growing lifestyle markets. Ongoing and planned development in t he area\, including a new shopping complex and a proposed new pier\, are e xpected to further enhance visitation\, amenity and long-term demand\, und erpinning both rental growth and capital appreciation.\n\nThis is a rare o pportunity to secure a high-exposure\, mixed-use freehold with diversified income streams\, development flexibility and strong long-term growth fund amentals.\n\nInvestment Features:\n\n Landmark corner freehold in Bridport 's primary commercial precinct\n Strong exposure with extensive street fro ntage and high passing traffic\n Two commercial tenancies secured by long- term leases\n Vacant\, fully refurbished residential asset ready to lease or short-stay\n Current net income: $42\,392(excluding GST)\n Total projec ted net income (including residence): $69\,432 (excluding GST)\n Council-a pproved subdivision of 320sqm rear allotment\n Strata and further developm ent potential (STCA)\n Positioned within a growing tourism and lifestyle m arket supported by major local infrastructure investment\n Good size 796m2 block\, zoned village\n DTEND:20261028T170000 DTSTAMP:20260924T084548Z DTSTART:20261028T170000 SEQUENCE:0 SUMMARY:Expression Of Interest: 89 Main Street\, Bridport TAS UID:CRE-2021184756-EOI X-ALT-DESC;FMTTYPE=text/html:

The most central residential and comm ercial opportunity in Bridport
A tightly held\, blue-chip freehold i nvestment opportunity in the commercial heart of Bridport.\n
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Occupying a landmark corner position at the intersection of Main and Hen ry Streets\, 89 Main Street represents one of Bridport's most prominent an d versatile commercial holdings. \n
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Properties of this scal e\, exposure and flexibility rarely come to market in this premier Northea st Tasmanian coastal destination.\n
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The complex is underpin ned by two established long-term commercial tenancies with direct Main Str eet frontage\, providing immediate and reliable income. Above\, a fully re furbished three-bedroom\, two-bathroom residence occupies the entire first floor and is offered vacant\, presenting a clear value-add opportunity th rough residential leasing or short-stay accommodation. \n
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P ositioned on a 796m2 block\, zoning is village.\n
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The resid ential component enjoys elevated views and direct access to a substantial rear yard with off street parking and plenty of room for the kids. Importa ntly\, the property also benefits from existing council approval for the s ubdivision of a 320sqm rear allotment\, allowing investors to unlock addit ional value through development or divestment.\n
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From an in vestment perspective\, the property offers significant future optionality. In its current configuration it lends itself (STCA) to strata titling int o up to four separate lots\, with further upside through the potential cre ation of additional first-floor commercial or residential tenancies above the main commercial space.\n
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The township of Bridport is a highly regarded tourist destination and one of Tasmania's fastest-growing lifestyle markets. Ongoing and planned development in the area\, including a new shopping complex and a proposed new pier\, are expected to further enhance visitation\, amenity and long-term demand\, underpinning both rent al growth and capital appreciation.\n
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This is a rare opport unity to secure a high-exposure\, mixed-use freehold with diversified inco me streams\, development flexibility and strong long-term growth fundament als.\n
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Investment Features:\n
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Landmark corn er freehold in Bridport's primary commercial precinct\n
Strong expo sure with extensive street frontage and high passing traffic\n
Two commercial tenancies secured by long-term leases\n
Vacant\, fully r efurbished residential asset ready to lease or short-stay\n
Current net income: $42\,392(excluding GST)\n
Total projected net income ( including residence): $69\,432 (excluding GST)\n
Council-approved s ubdivision of 320sqm rear allotment\n
Strata and further developmen t potential (STCA)\n
Positioned within a growing tourism and lifest yle market supported by major local infrastructure investment\n
Goo d size 796m2 block\, zoned village\n

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