FOR SALE
Offers over $665,000

5 Ash Street
Lutana TAS 7009

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 698m2
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DA APPROVED!!! Immaculately presented family home will development potential

Nestled within the sought-after 'Lutana Village', the house offers stunning vistas of the River Derwent and Mt. Wellington, creating a picturesque backdrop for daily living. Meticulously renovated throughout, it boasts an array of delightful features and is ready to welcome its next family to effortlessly move in and enjoy.
Upon entry, you are welcomed by a gracious foyer with lovely timber floorboards and beautiful colour tones that evoke a warm, homely atmosphere. The cozy lounge to the left, which boasts a wooden heater and new air conditioner, perfect for family gatherings or entertaining friends.
Down the hall, the beautifully renovated eat-in kitchen is a culinary enthusiast's dream, offering ample storage and quality appliances. The dining area seamlessly extends to a sun-filled patio and a low-maintenance yard, providing a private oasis for enjoyment.
The home features three bedrooms, each adorned with floor-to-ceiling built-in wardrobes. These rooms are designed to provide a cozy and relaxing retreat for everyone in the family. The family bathroom has been upgraded with a walk-in shower and a separate toilet. An additional WC in the laundry room adds convenience and eliminates morning rush-hour chaos.
This property also benefits two shed/storages, as well as off-street parking spaces. With a new roof, being freshly painted, and near-level access, this fabulous property ensures peace of mind and durability for years to come.
Located towards the front of the property, there is an opportunity to extend or build a second dwelling at the rear (DA APPROVED). This home provides ample space to meet the needs of a growing family and also offers investors the prospect of positive proven rental yields, or it is ideal for those looking to downsize and future proof. From either perspective it's an exceptional opportunity.
Nearby, the Lutana Woodlands Reserve offers a perfect space for leisurely walks and children's play. Known for its friendly community, Lutana Village offers a wonderful lifestyle with its proximity to New Town and Moonah shopping precincts, featuring a diverse range of shops, restaurants, and services to cater to every need.
Don't miss out on this property that combines charm, comfort, and modern elegance - truly an exceptional opportunity.
* Land size 738 sqm (approximately)
* Wonderful views
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Property Details for 5 Ash St, Lutana

5 Ash St, Lutana is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 698m2. The place is currently for sale with BRICK & CASTLE.

Building Type
House
Land Size
698m2

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About Lutana 7009

The size of Lutana is approximately 2.1 square kilometres. It has 4 parks covering nearly 9.3% of total area. The population of Lutana in 2011 was 2,384 people. By 2016 the population was 2,365 showing a population decline of 0.8% in the area during that time. The predominant age group in Lutana is 30-39 years. Households in Lutana are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lutana work in a professional occupation. In 2011, 64.9% of the homes in Lutana were owner-occupied compared with 62.6% in 2016.

Lutana has 1,240 properties. Over the last 5 years, Houses in Lutana have seen a 41.42% increase in median value, while Units have seen a 40.54% increase. As at 30 September 2024:

  • The median value for Houses in Lutana is $566,586 while the median value for Units is $458,815.
  • Houses have a median rent of $523 while Units have a median rent of $428.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Lutana on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Lutana.

Suburb Insights for Lutana 7009

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Zmin Yang
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BRICK & CASTLE
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.