OFF MARKET

23 Digney Street
Dynnyrne TAS 7005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 93m2
Land area: 1082m2
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Last updated 11 Nov 2024
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Property Details for 23 Digney St, Dynnyrne

23 Digney St, Dynnyrne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1955. The property has a land size of 1082m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in July 2010.

Building Type
Unit
Year Built
1955
Floor Size
93m2
Land Size
1082m2
Local Government
Hobart
Lot/Plan
0/165033

Last Listing description (April 2019)

Displaying all the classic lines of this much admired era, this all white block of four apartments, consists of 3 x 2 bedroom apartments and 1 x 1 bedroom apartments.
Under current ownership, the building has been extensively refurbished throughout, ensuring a low maintenance proposition for the new owner. Building works, all approved by council, have included: full rewiring and replumbing, internal replastering, all new double glazed window units, repainting inside and out, all new kitchen and bathroom fitouts, new floor coverings, window furnishings and light fittings. Additionally, the building comes fully furnished ready for immediate occupation, reflective of it's current use as a highly successful short-stay accommodation provider.
The new owners will have several compelling options at their disposal:

1. Continue operating the current short-stay accommodation business. Abridged financials for the past two years can be supplied to interested parties.
2. Lease the property out long-term either furnished or unfinished. Rental assessments can be supplied to interested parties.
3. Owner occupy in part and use the balance for either of the above uses.
4. Partially sell down individual titles, given strata titles exist for each apartment
Either way, this represents a brilliant and rare opportunity to acquire an investment grade residential property with enormous lifestyle amenity - opposite Fitzroy Gardens, walking distance to the city, Salamanca, the University of Tasmania's Sandy Bay and city campuses, Sandy Bay shops, local schools and much more.

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Property History for 23 Digney St, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$815,000
27 Jul 2010
Listed for Rent
$190/w
28 Oct 2010
  • 23 Jan 2019
    Listed for Sale Offers over $1,900,000
  • 28 Oct 2010
    Listed for Rent - Price not available
  • 27 Jul 2010
    Sold for $815,000
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About Dynnyrne 7005

The size of Dynnyrne is approximately 1.6 square kilometres. It has 5 parks covering nearly 6.8% of total area. The population of Dynnyrne in 2011 was 1,481 people. By 2016 the population was 1,591 showing a population growth of 7.4% in the area during that time. The predominant age group in Dynnyrne is 20-29 years. Households in Dynnyrne are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dynnyrne work in a professional occupation. In 2011, 58.7% of the homes in Dynnyrne were owner-occupied compared with 63.5% in 2016.

Dynnyrne has 725 properties. Over the last 5 years, Houses in Dynnyrne have seen a 41.23% increase in median value, while Units have seen a 15.47% increase. As at 31 October 2024:

  • The median value for Houses in Dynnyrne is $1,003,966 while the median value for Units is $550,353.
  • Houses have a median rent of $565 while Units have a median rent of $470.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Dynnyrne on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Dynnyrne.

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