Right in the middle of the historic riverside town of Franklin, along the Main Street, this unique property offers 3 separate flats, a shop space, and a workshop underneath, as well as a backyard that opens out to the Foreshore Reserve along the Huon River. Currently, all 3 flats are rented out. The shop area is currently connected with Flat 3. All of these areas are metered separately for convenience of separate use, making it a great investment.
Flat 1 (3409 A), still has period features, including a long wide hallway, extra high ceilings and feature fireplaces. Flat 1 spans the full depth of the building, entered off the street at the front, through to the covered entertaining at the rear. Flat 1 comes with a spacious open plan living, dining and kitchen, with 2 bedrooms, and separate laundry and bathroom. The timber kitchen overlooks the river and offers plenty of storage and bench space. This space has a long term tenant of 10 years on a month-to-month rolling lease, who is keen to stay on.
Below this is Flat 2 (3409B). Entered from the rear and side of the building, Flat 2 has a central lounge connecting the recently refurbished kitchen and bathroom with 2 extra rooms. One is an ideal bedroom and the other could be a second bedroom, otherwise makes a nice extension to the lounge and provides access to the rear covered entertaining deck. A reverse cycle air-conditioner keeps Flat 2 comfortable all year round. This space is currently tenanted on a 12 month fixed term lease, next due in May 2026.
Back at street level, Flat 3 (3409C), is accessed from the carport on the side. Flat 3 consists of a semi-open plan lounge, dining and kitchen. There is a separate bedroom with a walk-in robe and ensuite bathroom. Comfort and ease is assured with a reverse cycle air-conditioner. A passage links Flat 3 with the shop space off the Main Street and is currently leased in combination with Flat 3 on a 12 month fixed term next due in June 2026.
Separately, the shop area (3409D), is an open plan space with some storage in the back corner, which cleverly extends into what was once another hallway. Previously operating as a gift shop, this space could suit a multitude of future possibilities including office space or for a working artisan and is also serviced by a reverse cycle air-conditioner.
Underneath are spaces ideal for storage and a workshop. Down here there is an old laundry facility with a separate toilet. All metered separately allows you to operate each independently either entirely as an investment, or live on site yourself and derive an income from the other areas of the building. The backyard is mostly lawn with a Nashi pear tree, some cherries, apples of varying variety, and a greengage plum. A gate opens in the back fence opens out to the Huon River foreshore reserve, right opposite a small boat ramp and jetty.
The vacant land next door is potentially also available for purchase. This is a similar size and has a driveway formed off the Main Street to a carport. Please enquire should that be of interest as well.
Franklin is a quaint town with a multitude of eateries, within a walking distance. The main hub of the Huon Valley is at Huonville within 10 minutes by car and the Hobart CBD is around 40 minutes away.
Please contact us for further information or to set-up a private viewing.
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