FOR SALE
$849,000

Units 1-5/44 Trevallyn Road
Trevallyn TAS 7250

Bedrooms: 9
Bathrooms: 5
Car spaces: 4
Floor area: 260m2
Land area: 898m2
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Exceptional Value for 5 Apartments - That Equates to $169,800 Per Apartment

New to the market is this tightly held investment property, which could be a fantastic opportunity for anyone looking to invest in one of Launceston's most prestigious suburbs. This home has been divided into 5 apartments yet still on one title.
This property, named The Strawberry Patch once had a rich history as being a local tea room.
The property boasts plenty of character features such as large rooms, intricate wood working , high ceilings, and several of the units have stunning views of the river.
The property shows a strong history as having a very good rental income and at full capacity brings in the total of $1357 per week, with the potential or getting closer to $1500 per week (approx) if each unit is adjusted to market rent.
The roof has been recently replaced and unit one will have new carpets and a paint throughout before being re-let.
Short videos of each unit are available to interested parties.
For any other information, please call Peter Lees Real Estate today.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.

Property Details for Units 1-5/44 Trevallyn Rd, Trevallyn

Units 1-5/44 Trevallyn Rd, Trevallyn is a 9 bedroom, 5 bathroom House with 4 parking spaces. The property has a land size of 898m2 and floor size of 260m2. The place is currently for sale with Peter Lees Real Estate.

Building Type
House
Floor Size
260m2
Land Size
898m2

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About Trevallyn 7250

The size of Trevallyn is approximately 9.9 square kilometres. It has 9 parks covering nearly 59.2% of total area. The population of Trevallyn in 2011 was 4,638 people. By 2016 the population was 4,567 showing a population decline of 1.5% in the area during that time. The predominant age group in Trevallyn is 40-49 years. Households in Trevallyn are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Trevallyn work in a professional occupation. In 2011, 72.9% of the homes in Trevallyn were owner-occupied compared with 72.8% in 2016.

Trevallyn has 2,304 properties. Over the last 5 years, Houses in Trevallyn have seen a 55.06% increase in median value, while Units have seen a 46.06% increase. As at 31 October 2024:

  • The median value for Houses in Trevallyn is $586,645 while the median value for Units is $395,222.
  • Houses have a median rent of $500 while Units have a median rent of $385.
There are currently 43 properties listed for sale, and 5 properties listed for rent in Trevallyn on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Trevallyn.

Suburb Insights for Trevallyn 7250

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Jamie Beaton
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Christina Peterson
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Peter Lees Real Estate
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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.