31 Colville StreetBattery Point TAS 7004
Property Details for 31 Colville St, Battery Point
31 Colville St, Battery Point is a 4 bedroom, 4 bathroom House. The property has a land size of 257m2.
Last Listing description (September 2024)
Positioned in the heart of historic Battery Point, this circa 1920s block of four units are all currently leased for a seamless transition into the investment portfolio. Within easy walking distance of local cafes, restaurants and pubs, and just a short stroll from Hobart's waterfront and the popular Salamanca Strip, this is an outstanding opportunity to invest in this coveted locale.
With contemporary updated interiors and electric heating, each unit comprises a spacious living room, well-equipped kitchen, combined bathroom and laundry amenities, and a generous double bedroom with built in robes. Unit 1 and 4 have two tandem car spaces and all four units have storage lockers. An easy care courtyard provides space to relax outdoors.
With Jackman and McRoss just around the corner for a morning coffee and everyone's favourite local Shippie's, moments from the front door, this is a sought after location offering tenants the best of city fringe living within walking distance of UTAS and Hobart's CBD.
- Solidly constructed 1920s building
- Four one bedroom tenanted units
- Contemporary updated interiors
- OSP for two units
- Storage lockers for all four units
- Sought after location
Property History for 31 Colville St, Battery Point, TAS 7004
- 07 Jun 2024Listed for Sale Not Disclosed
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About Battery Point 7004
The size of Battery Point is approximately 0.7 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Battery Point in 2011 was 2,096 people. By 2016 the population was 1,995 showing a population decline of 4.8% in the area during that time. The predominant age group in Battery Point is 20-29 years. Households in Battery Point are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Battery Point work in a professional occupation. In 2011, 49% of the homes in Battery Point were owner-occupied compared with 51.2% in 2016.
Battery Point has 1,750 properties. Over the last 5 years, Houses in Battery Point have seen a 20.02% increase in median value, while Units have seen a 28.79% increase. As at 31 October 2024:
- The median value for Houses in Battery Point is $1,289,607 while the median value for Units is $852,571.
- Houses have a median rent of $550 while Units have a median rent of $535.
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