OFF MARKET

1 Bell Street
Derby TAS 7264

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 4951m2
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Property Details for 1 Bell St, Derby

1 Bell St, Derby is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 4951m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
1940
Floor Size
106m2
Land Size
4951m2
Local Government
Dorset
Lot/Plan
1/179258

Last Listing description (February 2022)

One of Derby's most substantial sites - prominent, convenient and totally tempting represents a huge opportunity to earn returns in a rich range of ways where an allotment measuring some 3471 sqm accompanies two immediately appealing residences, both boasting an impressive track record of success as Airbnb properties.

'Rideaway Cottage' is a stunning c1910 residence featuring a romantic wrap around veranda, picturesque gardens and a flowing three bedroom floor plan overlooking the Ringarooma River, Derby's campgrounds, tennis and netball courts.

'Steelaway Cottage' is a bright modern three bedroom residence featuring exceptional living and dining areas beneath superb cathedral ceilings in a design enhanced by a north easterly aspect and attractive outlooks from generous L shaped verandahs.

Both these addresses are primed, poised and ready to offer new owners the opportunity to participate in and benefit from Derby's wildly positive future! Proximity to the Dorset Hotel, the main street's shops and cafes as well as the world renowned mountain biking trails in a town that has undergone nothing short of a revolution!

Scope to perpetuate the performance of the cottages in the short term accommodation market is matched by the option to sub-divide the block if so desired, (STCA), and take this site to the next level from an income generating perspective or from a personal point of view!

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Property History for 1 Bell St, Derby, TAS 7264

A timeline of how this property has performed in the market
Last Sold
$420,000
18 May 2018
  • 23 Dec 2021
    Listed for Sale For sale by offer
  • 18 May 2018
    Sold for $420,000
  • 02 Feb 2018
    Listed for Sale $420,000
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About Derby 7264

The size of Derby is approximately 78.2 square kilometres. It has 5 parks covering nearly 101.6% of total area. The population of Derby in 2011 was 207 people. By 2016 the population was 169 showing a population decline of 18.4% in the area during that time. The predominant age group in Derby is 60-69 years. Households in Derby are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derby work in a managers occupation. In 2011, 80.7% of the homes in Derby were owner-occupied compared with 74.7% in 2016.

Derby has 255 properties. Over the last 5 years, Houses in Derby have seen a 64.61% increase in median value. As at 31 October 2024:

  • The median value for Houses in Derby is $358,662 while the median value for Units is $285,778.
  • Houses have a median rent of $163.
There are currently 5 properties listed for sale, and no properties listed for rent in Derby on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Derby.

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