OFF MARKET

7-9 Netherby Road
Currie TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: 12
Floor area: 2059m2
Land area: 2059m2
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Property Details for 7-9 Netherby Rd, Currie

7-9 Netherby Rd, Currie is a 0 bedroom, 0 bathroom Unit with 12 parking spaces and was built in 1973. The property has a land size of 2059m2 and floor size of 2059m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1973
Floor Size
2059m2
Land Size
2059m2
Local Government
King Island
Lot/Plan
1/64746

Last Listing description (March 2023)

This centrally located 6 unit ( 1 x 4 bedroom + 5 x 1 bedroom ) complex on a land parcel of 2,059m2 with residential zoning in the main township of Currie on the picturesque and rapidly expanding King Island offers an extraordinary opportunity to secure a highly profitable accommodation venture within walking distance to all local amenities, eateries, golf course and ocean front.

King Island is going through an unprecedented growth phase, with the amount of accommodation on the island not keeping pace with demand. The charming 'Old King Island Hospital' unit complex offers the opportunity not only to buy into an already very profitable holding but also to take advantage of long-term growth. All units have been fully leased for several years with tenants waiting, however, there is a major opportunity to upgrade units, either on a staged basis or together for short term holiday letting. Planning approval for such a conversion is already in place.


King Island is well known for its dairy, cheese, beef and lobster, however the island also boasts two of the best rated golf courses in Australia, world class surf beaches, newly established gin distilleries, boutique beer offerings and more further commercial development on the island has secured growth here well into the future. The 'Old King Island Hospital' units complex offers an opportunity not to be missed.

For further information or to arrange a private inspection, please contact - Sue Gratton on - 0507 599 559 or email - sue@circaheritageandlifestyle.com.au.

Property History for 7-9 Netherby Rd, Currie, TAS 7256

A timeline of how this property has performed in the market
Last Sold
$800,000
21 Apr 2023
  • 21 Apr 2023
    Sold for $800,000
  • 18 Mar 2023
    Listed for Sale Contact Agent
  • 23 Dec 1998
    Sold for $137,500
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About Currie 7256

The size of Currie is approximately 11.9 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Currie in 2011 was 1,091 people. By 2016 the population was 768 showing a population decline of 29.6% in the area during that time. The predominant age group in Currie is 60-69 years. Households in Currie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Currie work in a labourer occupation. In 2011, 59.1% of the homes in Currie were owner-occupied compared with 59.2% in 2016.

Currie has 587 properties. Over the last 5 years, Houses in Currie have seen a 12.39% increase in median value, while Units have seen a 87.99% increase. As at 30 September 2024:

  • The median value for Houses in Currie is $351,599 while the median value for Units is $310,785.
There are currently 15 properties listed for sale, and no properties listed for rent in Currie on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Currie.

Suburb Insights for Currie 7256

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Disclaimer
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.