Sheffield at a glance
1,660
People
$494,500
Median sale
$507/wk
Median rent
5.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
$675,000
For sale
Asking
0
Bedrooms
2
Bathrooms
4
Car spaces
404 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$675,000
Asking · $1,671/m² of land
No recorded sale for this property.
Sheffield at a glance
1,660
People
$494,500
Median sale
$507/wk
Median rent
5.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Sheffield
+36.5%
Median sale
Suburb $494,500
-1.42 pp
Gross yield
Suburb 5.33%
Suburb median $494,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$29,642 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Sheffield's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $507/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Sheffield at a glance
1,660
People
$494,500
Median sale
$507/wk
Median rent
5.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by No Agent PropertyPhone enquiries - please call 1300 594 794 and quote property ID 35615.
This property would have to be considered to hold one of the prime positions in the heart of Sheffield. Established (Circa 1900) originally as a family residence the property has morphed in recent years as a prominent business premises predominantly operating within the hospitality industry among Sheffield’s Café scene. Set on 404 square metres the building covers a generous 357 square metres of floorspace with sufficient off street parking for 4 vehicles (2 secure).
47 Main Street with its mural façade, street front al fresco areas has immediate street appeal – with its views of Mount Roland and minimal walking distance to all other Sheffield attractions, services and amenities make the location pretty perfect especially with Sheffield being the gateway for so much of northern Tasmania’s tourist trade. The numbers of guests walking the streets visiting many of the mural displays and guest venues while in town only complements and enhances not just this location but all the business community. The property presents enormous opportunity and versatility for a new owner and for the next chapter in the property evolution. The building can be utilised as a residence/business combination or purely for business purposes. It could be re-opened as a hospitality venue or be repurposed for a range of differing business combinations and opportunities.
Easily divisible and with a large seating capacity the floorplan allows for very versatile catering or shopfloor options.
For a new owner wishing to revisit a hospitality opportunity, the vendors would be happy to provide the benefit of their experiences while operating Fudge ‘n’ Good Coffee. While the property is not available on a lease basis the vendors knowledge and experience may be an invaluable resource to a new owner particularly that may be relocating from out of area. Existing infrastructure includes Daiken reverse cycle air conditioning, monitored security system, fully networked security system with point of sale system integrated, multi room audio and visual screen entertainment system, wheelchair access and disability service bathroom facilities. Other upgrades between 2017 and 2022 include new roofing, new hot water cylinder and floor coverings to hallways and office.
Much of the infrastructure remains in place to enable a business operator to set up and commence operations within a relatively short period of time and allowing for any council approvals/permits that may be required for a new business to operate and for any changes a new owner may wish to incorporate. The property has had upgrades made from its original family home layout made in 2012 and 2022 but still retains the original period charm that has always been a focal point and attraction. The layout allows for versatility of use and with a few modifications could again be used for residential purposes with a business component whether it be as a central guest house for tourism with a hospitality component, or a suite of offices catering for local business stand alone or alongside; the limit is simply imagination and of course, budget.
Sheffield is a thriving rural and tourism community, merely an hour from Launceston airport, 30 minutes from, Latrobe, Deloraine, Ulverstone and Devonport and the Spirit of Tasmania ferry terminal, 35-40 minutes from Cradle mountain to make mention of commutes. Sheffield has schooling from early education to Year 12, and boasts the school farm. Other attractions include Lake Barrington for recreation and includes the international rowing course, ski club, boating and fishing opportunities. There are too many opportunities to list but so much to explore.
Don’t miss this opportunity to view and purchase a piece of Sheffield’s history and make it part of your future. The opportunities are endless, the potential is enormous.
The vendors are motivated to see new owners move in impose their vision on their property and contribute to the Sheffield community and economy. Ideally new owners would take over and be ready to test the waters by the Spring season and before the tourism season gets into full Summer swing to allow bedding in of systems and routines. The vendors are happy to consider what they believe to be reasonable formal offers.
Prospective purchasers are recommended to carry out their own due diligence regarding permits, measurements, and boundary positions prior to settlement.
Inspections are strictly by appointment only.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Listing description written by No Agent Property - TAS, No Agent Property — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.