FOR SALE
Offers Over $585,000

17 Wrights Avenue
Glenorchy TAS 7010

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 135m2
Land area: 473m2
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A Prime Investment Opportunity

Discover the potential of 17 Wrights Ave, perfectly situated in the vibrant heart of Glenorchy's CBD. This versatile property, comprising 2 bedrooms, 2 bathrooms, 2 living areas and 2 kitchens has been thoughtfully divided into two separate fully self contained units, offering a dynamic investment opportunity.
Key Features:
Prime Location: Nestled in the bustling center of Glenorchy, enjoy convenient access to local amenities, shops, and services.
Investment Potential: One unit is occupied by excellent & reliable tenants, while the other operates as a well-regarded Airbnb. Together, they generate an impressive gross rental return of approximately 6.5%.
Recent Upgrades: Benefit from modern enhancements that complement the property's classic charm.
Comfort & Convenience: Features include reverse cycle heating for year-round comfort and solid timber floors adding both warmth and durability.
Practical Amenities: A single car garage provides secure parking, and the level entry on a level block ensures ease of access.
Whether you're seeking a solid investment or a property with diverse income potential, 17 Wrights Ave presents a rare and valuable opportunity in a prime location. Don't miss out on securing this exceptional property in Glenorchy's thriving CBD.
Disclaimer:
All care has been taken by 4one4 Real Estate and 4one4 Media House when compiling the marketing material and information in this presentation. We cannot guarantee the accuracy of any measurement or details supplied in this advertisement and make no representation or accept any responsibility for the whole or part of this advertisement.
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Property Details for 17 Wrights Ave, Glenorchy

17 Wrights Ave, Glenorchy is a 2 bedroom, 2 bathroom House with 3 parking spaces and was built in 1954. The property has a land size of 473m2 and floor size of 135m2. The place is currently for sale with 4one4 Property Co..

Building Type
House
Year Built
1954
Floor Size
135m2
Land Size
473m2

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About Glenorchy 7010

The size of Glenorchy is approximately 10.4 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Glenorchy in 2011 was 10,533 people. By 2016 the population was 10,833 showing a population growth of 2.8% in the area during that time. The predominant age group in Glenorchy is 20-29 years. Households in Glenorchy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenorchy work in a community and personal service occupation. In 2011, 57.7% of the homes in Glenorchy were owner-occupied compared with 54.6% in 2016.

Glenorchy has 5,648 properties. Over the last 5 years, Houses in Glenorchy have seen a 48.75% increase in median value, while Units have seen a 49.03% increase. As at 30 November 2024:

  • The median value for Houses in Glenorchy is $560,112 while the median value for Units is $445,449.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 49 properties listed for sale, and 9 properties listed for rent in Glenorchy on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Glenorchy.

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