FOR SALE
Offers Over $359,000

3/4 Riverway Road
Montrose TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 93m2
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Great Investment Opportunity

If you're in the market looking for your next investment property then look no further then this tidy and well maintained unit, with secure tenants already in place till January 2025 paying $380 per week makes this an ideal invesment opportunity.
The home comprises of a spacious lounge with a heat pump, open plan dining and kitchen area and 2 spacious bedrooms with built-ins. Other features include a combined bathroom and laundry, separate toilet, plus a small balcony of the lounge and a carport.
Set back from the road, This unit is within walking distance to Northgate, Coffee shop, restaurant, bus stop, bike track and schools. With so much to offer and a great rental return this property is one not to miss.
Please contact me for further information or to book your private inspection.
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.
The particulars contained in this advertisement do not form any contract. We recommend that any interested parties should have the information independently verified and make their own enquires to satisfy themselves in all respects.
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Property Details for 3/4 Riverway Rd, Montrose

3/4 Riverway Rd, Montrose is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 93m2 and floor size of 93m2. The place is currently for sale with 4one4 Property Co..

Building Type
Unit
Year Built
1974
Floor Size
93m2
Land Size
93m2

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About Montrose 7010

The size of Montrose is approximately 2.9 square kilometres. It has 6 parks covering nearly 2.2% of total area. The population of Montrose in 2011 was 2,002 people. By 2016 the population was 2,168 showing a population growth of 8.3% in the area during that time. The predominant age group in Montrose is 50-59 years. Households in Montrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montrose work in a clerical occupation. In 2011, 71.8% of the homes in Montrose were owner-occupied compared with 70.8% in 2016.

Montrose has 1,113 properties. Over the last 5 years, Houses in Montrose have seen a 44.21% increase in median value, while Units have seen a 50.94% increase. As at 31 October 2024:

  • The median value for Houses in Montrose is $593,508 while the median value for Units is $443,958.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 6 properties listed for sale, and no properties listed for rent in Montrose on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Montrose.

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Shaun McGuire
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4one4 Property Co.
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