FOR SALE
Offers Over $1.15m

2 Balemo Street
South Arm TAS 7022

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 202m2
Land area: 501m2
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Opportunity Awaits

South Arm is a beautiful community with a local primary school, general store, chemist, cafe, hair salon and combined RSL and Iron Pot Golf Club. The larger shopping complex of Lauderdale is approximately only 15 minutes drive away and another 15 minute drive to services at Rosny Park, including Eastlands shopping centre. South Arm provides a peaceful and tranquil environment, while only being a 45 minute drive to the Hobart CBD.
With the incredible Arm End Golf Course well on its way, what a great opportunity to secure and incredible property before the inevitable boom hits the region. With a potential short stay yield of 6.65% this presents an incredible investment opportunity. No need to worry about the management of the property, we will take care of that for you.
Set back from the hustle and bustle of busy South Arm Road in a prime position in South Arm, with direct access to Half Moon Bay Beach at the end of the street, is this stunning modern, coastal style home. This beautiful property, which is bathed in natural light, was completed in 2022 and has been meticulously and thoughtfully designed to create the perfect family home. With beautiful Tasmanian Oak floorboards, high-end wool carpet, and neutral tones throughout, no expense has been spared in making this property an enviable home for its new family to enjoy.
Upon entrance into the home, is a built-in mudroom space with storage, coat hooks, and a seating area, which is the perfect spot to drop off sandy shoes after a day at the beach. Neighbouring this are floor to ceiling built-in cupboards, perfect for storing coats and wetsuits which are convenient to grab as you are heading out for the day.
As you continue your walk through, you enter the large open plan kitchen, dining, and living area with a beautiful large island bench, study nook, and cleverly designed butlers pantry. The kitchen has impressive stone benchtops and high-end tapware and hardware with an abundance of storage options. It also includes high quality appliances, powerpoints with USB ports, and an internal bar set up, hidden within the cabinetry. The living and dining space is perfect for large family gatherings with plenty of room which provides multiple options for different functionality requirements. This area also has great indoor and outdoor flow to the timber deck, which is perfect for entertaining or family barbeques.
Adjacent to this area is a functional laundry room, which has an abundance of storage and internal access to the garage. Opposite this room is a powder room, perfect for guests to use whilst visiting, which contains a toilet and sink.
Downstairs is also home to the spacious master bedroom, with an impressive walk-in wardrobe and an ensuite with a large walk-in shower with beautiful terrazzo tiles. The remaining bedrooms, which are also generously sized, are upstairs and all contain built-in wardrobes. Upstairs also is home to the main bathroom, which has beautiful floor to ceiling tiles and both a shower and separate deep, free-standing bath. There is a second living area which receives all day sun and is the perfect spot to watch the sunset over the water.
The home is temperature controlled with double-glazed windows throughout and a ducted heating system with each room individually zoned and controlled from a touch panel. The backyard is low maintenance and fully fenced but still has plenty of space for the avid green thumb or for pets and children and includes an outdoor shower. There are two 5,000L water tanks, so you don't need to worry about water bills, and has an AES septic system.
Approximate Annual Rental Returns
Long term rental $29,792
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Property Details for 2 Balemo St, South Arm

2 Balemo St, South Arm is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 501m2 and floor size of 202m2. The place is currently for sale with Ray White Hobart.

Building Type
House
Floor Size
202m2
Land Size
501m2

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About South Arm 7022

The size of South Arm is approximately 9.2 square kilometres. It has 5 parks covering nearly 4% of total area. The population of South Arm in 2011 was 833 people. By 2016 the population was 851 showing a population growth of 2.2% in the area during that time. The predominant age group in South Arm is 60-69 years. Households in South Arm are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Arm work in a professional occupation. In 2011, 82.5% of the homes in South Arm were owner-occupied compared with 81.2% in 2016.

South Arm has 577 properties. Over the last 5 years, Houses in South Arm have seen a 55.71% increase in median value. As at 31 October 2024:

  • The median value for Houses in South Arm is $710,945 while the median value for Units is $508,506.
  • Houses have a median rent of $463.
There are currently 8 properties listed for sale, and no properties listed for rent in South arm on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in South arm.

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Nick Cowley
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Isabella Evans
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Ray White Hobart
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