38 Proctors Rd, Dynnyrne is a 6 bedroom, 2 bathroom House and was built in 1935. The property has a land size of 895m2 and floor size of 334m2. While the property is not currently for sale or for rent, it was last sold in November 2014.
Excellent Opportunity
In an unrivalled position, commanding panoramic views of Sandy Bay, the River Derwent and the Eastern Shore, this property presents a unique opportunity. The property was originally designed and built as two autonomous apartments, each with three bedrooms. The rooms are all beautifully proportioned, light and airy. The property has been fully renovated to a very high quality, upgraded for contemporary living while honouring the classic 1930's character. Live in one of the apartments and rent the other; rent them both; grandma and grandad can live independently in one apartment, while the family lives in the other or turn the apartments into one very large family home; the options are endless. Located close to both the University and the CBD, the property offers excellent investment opportunities with potential for excellent rental returns from two apartments or a passive income from one apartment while you live in the other. The home is set back from the road with established gardens offering bouth acoustic and visual privacy. There is off street parking for 2-3 vehicles. The winding path leads to a grand feature entry portico which is the epitome of 1930's design. Each apartment consists of a separate kitchen, dining and living room, three generously proportioned bedrooms an extra wide entry and hallway. The views from all living areas are stunning and the house enjoys sun all day, year round. Both the quality of construction and the renovation will astound you showcasing period features, mantles, original timber and floorboards throughout. In addition to the two apartments, there is a ground floor level comprising studio, workshop, bathroom, storage and laundry. Subject to council approval you could explore the options of operating a home business or creating an additional studio apartment. The large picturesque rear garden offers a lovely gazebo which enjoys the water views and an established veggie patch, fruit trees and level lawn area. Conveniently located near the Sandy Bay shopping precinct, the University and the CBD, you are only minutes from the sailing clubs, beaches and bush, restaurants and shops. For further information and an opportunity to personally inspect this property call you local area specialist, Rob Henry.
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:
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