FOR SALE
$439,000

40 Mace Street
Montello TAS 7320

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 809m2
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A sure investment!

First class tenants and a homely vibe, the sure ingredients for a great long-term investment for those with preference for set and forget!
An unassuming facade and internally feels fresh and charming.
An updated kitchen with staggered tile splash-back, meals area, across the entrance way a generous living room with floor mount reverse cycle air-conditioning, polished floorboards!
The main bedroom towards the front of the home, the original 4th bedroom conveniently positioned alongside the bathroom with shower over bath.
A brilliant east to west facing block, bath in sunshine until late in the day.
Another exciting proposition is the neighbouring residence is also for sale. Plenty of options, lease both, (currently leased for $375pw) develop or for the longer term residing alongside extended family, an opportunity not to be missed!
Additional Property Information:
Year Built: 1955
Council Rates: $1,880.33pa
Water Rates: $1,109.92pa + usage charges
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Property Details for 40 Mace St, Montello

40 Mace St, Montello is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 809m2. The place is currently for sale with JENREW REAL ESTATE PTY LTD.

Building Type
House
Land Size
809m2

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About Montello 7320

The size of Montello is approximately 0.7 square kilometres. It has 2 parks covering nearly 8.1% of total area. The population of Montello in 2011 was 1,198 people. By 2016 the population was 1,203 showing a population growth of 0.4% in the area during that time. The predominant age group in Montello is 20-29 years. Households in Montello are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montello work in a community and personal service occupation. In 2011, 58.6% of the homes in Montello were owner-occupied compared with 59.1% in 2016.

Montello has 638 properties. Over the last 5 years, Houses in Montello have seen a 91.41% increase in median value, while Units have seen a 58.44% increase. As at 31 August 2024:

  • The median value for Houses in Montello is $419,457 while the median value for Units is $344,098.
  • Houses have a median rent of $375 while Units have a median rent of $300.
There are currently 3 properties listed for sale, and no properties listed for rent in Montello on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Montello.

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Jenna & Andrew Miles
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JENREW REAL ESTATE PTY LTD
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