FOR SALE
Offers Over $610,000

12 Jennings Street
Bellerive TAS 7018

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 109m2
Land area: 806m2
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Bellerive Development Opportunity

Positioned in the highly desirable Eastern Shore suburb of Bellerive, this property, with 806m² of level land offers an impressive opportunity for developers, renovators, or investors.
Ideal for strata development (STCA) or to build your own home, this elevated, sun-drenched position, provides views spanning kunanyi/Mount Wellington, the Derwent River and Hobart's cityscape, making it a prime location for a transformative project.
The existing residence, while in original condition, is an excellent starting point for redevelopment or for those seeking to renovate. Perfect for demolishing to make way for strata units, the block's size and orientation offer endless potential to create something extraordinary.
As is, the residence features a warm and inviting front lounge room, generously proportioned and with large windows to take full advantage of the iconic views synonymous with the waterfront suburb.
The kitchen is functional and would reach full potential with a modern upgrade, and there is a separate dining, or further living space, adjacent, complete with cosy wood heating.
Accommodation comprises of two comfortable bedrooms, each enjoying plenty of sunlight. The central bathroom has a separate toilet for convenience, and the laundry enjoys direct outdoor access, and plenty of room for everyday essentials.
Plenty of off-street parking is provided within the driveway as well as a single car garage which is located separate to the home.
Ideally located, the property sits within easy reach of some of the area's finest schools, making it an attractive spot for families. Local shops, essential services, Bellerive Quay, Rosny Park, and beaches, are all just minutes away, providing the perfect blend of natural beauty and urban convenience.
Whether you're a developer seeking to maximise the potential of the location with its generous land offering and views, or an astute buyer keen to renovate and reap reward, this property in Bellerive offers endless scope to create something truly special within the coveted beachside community.
• Exceptional opportunity to develop or renovate (STCA)
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Property Details for 12 Jennings St, Bellerive

12 Jennings St, Bellerive is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 806m2 and floor size of 109m2. The place is currently for sale with Harcourts Signature Sorell.

Building Type
House
Floor Size
109m2
Land Size
806m2

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About Bellerive 7018

The size of Bellerive is approximately 2.9 square kilometres. It has 8 parks covering nearly 20.2% of total area. The population of Bellerive in 2011 was 4,359 people. By 2016 the population was 4,498 showing a population growth of 3.2% in the area during that time. The predominant age group in Bellerive is 60-69 years. Households in Bellerive are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bellerive work in a professional occupation. In 2011, 69.8% of the homes in Bellerive were owner-occupied compared with 68.4% in 2016.

Bellerive has 2,525 properties. Over the last 5 years, Houses in Bellerive have seen a 44.75% increase in median value, while Units have seen a 35.90% increase. As at 31 October 2024:

  • The median value for Houses in Bellerive is $813,667 while the median value for Units is $574,253.
  • Houses have a median rent of $568 while Units have a median rent of $460.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Bellerive on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Bellerive.

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Candice Gottschalk
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Kate Priest
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Harcourts Signature Sorell
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