With three secure and established income streams and situated smack bang in the middle of the retail strip of Main St Derby, this very unique offering is not to be missed. Sitting on 1012m2 this property consists of 3 buildings, a retail space, on a long term lease, and 2 freestanding houses behind, both currently rented on Airbnb, both fully council approved as visitor accommodation.

The shop
On the Main Street sits the shop. The retail shop returns $10,400 per annum and is rented on a 3 + 3 + 3 year lease to the highly successful Evolution MTB retail, hire and shuttle business.

The cottage
Up the drive from the shop is The Cottage’, a character filled 1 bedroom, 1 bathroom space fitted out to sleep 5 with a double bunk and sofa in the living room. Featuring reverse cycle air conditioning, a well equipped kitchenette and its own laundry facilities this is a stand alone rental home. There is also room for improvement here as a full height attic room is currently locked off.

Cedar House
Further up the drive you have room to park several cars off street and you come across the main residence, Cedar House’. 3 bedrooms and 1 bathroom, like the cottage it is to be sold walk in, completely furnished. With newly upgraded beds Sleeping 6 and with a quality reclining lounge in the living room it’s no surprise there are future bookings in place through to April 2020, which will all be passed over to the lucky purchaser.

The open plan kitchen living dining room is heated by a freestanding wood heater as well as a reverse cycle air conditioner. This area leads onto a stunning balcony that runs the width of the house and provides spectacular views across to the Lake View Tail and all of Main St. Below the house is a bike shed and wash down facility.

Derby is home to the Blue Derby Trails which is widely recognised as Australia’s mountain biking capital, confirmed by the twice held Endure World Series.

Derby is 34 km from Scottsdale and 95 km to Launceston. According to local Council (Dorset) who track visitor numbers, 30,000 visitors rode the trails last year and approximately 50,000 are expected this year. Tourism is booming in NE Tasmania with Internationally ranked Barnbougle and Lost Farm Golf courses, wineries and of course MTB trails on our doorstep.

Located directly next door to Vertigo MTB this rare offering has 3 years of accommodation figures available to serious buyers and with the security of a MTB blue chip tenant such as Evolution, on a long term lease you have guaranteed money in the bank. Prime location, secure tenant, 3 revenue streams, walk in ready accommodation, future bookings and established return clients! What more is there to say? Derby rules apply, first in best dressed.