Circa 1938 freehold building with attractive facade

Located in the heart of the retail and commercial hub of the busy town of Cygnet this building constructed in 1938 enjoys an imposing street presence and provides a total floor area of 279m2. The building has been previously occupied by a bank for a number of years and the street frontage with some renovation could be bought back to profitable tenatable premises. The commercial section comprises a spacious front reception area with large timber desk previously used for bank tellers. Behind this is a security coded safe with heavy duty iron door and ample storage space inside. In addition to the main area is a separate conference room or office with large windows letting in natural sun light and features and open fire place. Completing the commercial area is a kitchen and toilet with an exit to the back of the property.
From the rear of the premises you can access the 4 bedroom residence which is need of some love and attention, however could be bought back to it’s former glory in no time.
Featuring a large kitchen area with spacious pantry, separate lounge/dining room with inbuilt wood heater and timber mantle all on the ground floor. The beautiful wide hallway leads to the large timber staircase sprawling over 3 levels with the spacious bathroom located on the middle level offering a separate bath, shower, vanity and toilet. On the upper level are the 4 bedrooms, the main with a built in wardrobe, there is a study which could be used as a small 5th bedroom or nursery. The residence still retains original features including picture rails and solid timber floor boards.
Outside there is a single garage and skin shed which houses the laundry and an outdoor toilet. The large 1069m2 block may lend itself to further development subject to council approval.
A rare and substantial opportunity with prominent street frontage and the facade being Heritage Listed, this premises would be an ideal renovator with endless possibilities for builders and/or investors alike.
Expressions of Interest are invited and if you would like more information please contact TPR anytime.


  • $ 500,000
  • Development
  • Sold
  • 17 Mary Street CYGNET TAS
  • 4
  • 279 sqm
  • 1069 sqm
  • 4