FOR SALE
Expressions of interest

168 Warwick Street
West Hobart TAS 7000

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 120m2
Land area: 3237m2
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Exciting Development Opportunity - Within 1km of CBD - 3,237 sqm approx. - Zoned "Inner Residential"

There is potential for a significant number of townhouses, all with a north-facing aspect. The dual access facilitates a one-way flow through the development, minimising hard surface area.
We have been working with an architect to investigate development potentials. He sees the layout of this block facilitating multiple units configured on level rows, facing due north, and accessed by a one-way street running from Henry St to Warwick St.
A substantially renovated home provides the opportunity for income during the design process. It has three bedrooms and two bathrooms and all new appliances.
All of the above is subject to Council Approval.
Please contact us for further information.
All measurements are approximate and details intended to be relied upon should be independently verified. The particulars contained in this advertisement do not form any contract. While care has been taken in its presentation, no representation is made and no responsibility is accepted for the accuracy of the whole or any part and interested persons are advised to make their own enquiries and satisfy themselves in all respects.

Property Details for 168 Warwick St, West Hobart

168 Warwick St, West Hobart is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 3237m2 and floor size of 120m2. The place is currently for sale with Raine & Horne - Northern Suburbs.

Building Type
House
Floor Size
120m2
Land Size
3237m2

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About West Hobart 7000

The size of West Hobart is approximately 3.9 square kilometres. It has 8 parks covering nearly 35.4% of total area. The population of West Hobart in 2011 was 5,800 people. By 2016 the population was 5,978 showing a population growth of 3.1% in the area during that time. The predominant age group in West Hobart is 40-49 years. Households in West Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Hobart work in a professional occupation. In 2011, 61.5% of the homes in West Hobart were owner-occupied compared with 62.3% in 2016.

West Hobart has 2,949 properties. Over the last 5 years, Houses in West Hobart have seen a 30.73% increase in median value, while Units have seen a 8.57% increase. As at 30 September 2024:

  • The median value for Houses in West Hobart is $928,355 while the median value for Units is $596,616.
  • Houses have a median rent of $595 while Units have a median rent of $470.
There are currently 18 properties listed for sale, and 4 properties listed for rent in West hobart on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in West hobart.

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Michael Pyc
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Sam Johnston
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Raine & Horne - Northern Suburbs
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