59A Tolosa StreetGlenorchy TAS 7010
Property Details for 59a Tolosa St, Glenorchy
59a Tolosa St, Glenorchy is a 14 bedroom, 4 bathroom House with 10 parking spaces and was built in 1954. The property has a land size of 1136m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (November 2018)
DEVELOPMENT OPPORTUNITY, 8-10 VILLAS
EXPRESSIONS OF INTEREST CLOSING MONDAY 6TH MARCH 2017 AT 5.00PM.
59a, 61, 63 & 65 TOLOSA STREET
An incredible opportunity has arisen to secure 4 properties being sold as a package, with development potential for approximately 8-10 villas (STCA).
Secure income from day one, situated on the lower end of Tolosa street, on flat level blocks, the four houses are all currently tenanted, returning $1,450 per week for all four dwellings. The combined land size of the properties is 3,350m2, with all four of the homes built close to the road, allowing for development at the rear of the properties (STCA). The current owner has done some preliminary work with council and estimates there is room for approximately 8-10 vilas depending on how you wish you set them out.
Once built the villas would suit a wide range of buyers including the elderly, as the site is situated on the flat, within easy walking distance to Northgate and all the surrounding services Glenorchy has to offer.
Brief descriptions of the properties:
59a Tolosa Street, Glenorchy
Currently returning: $365 per week
House size: 149m2
Land size: 1,146m2
Rates: $1,395
Water: $892.16
4 bedroom, one bathroom weatherboard home with a large garage and bar area. A larger home.
61 Tolosa Street, Glenorchy
Currently returning: $355 per week
House size: 100m2
Land size: 556m2
Rates: $1,237
Water: $892.16
A tastefully renovated 3 bedroom home, 1 bathroom weatherboard home. Newer kitchen, beautiful bathroom, re wired and great condition throughout with a new heat pump.
63 Tolosa Street, Glenorchy
Currently returning: $370 per week
House size: 107m2
Land size: 1,102m2
Rates: $1,271
Water: $892.16
Three bedroom, 1 bathroom brick home. Very original inside.
65 Tolosa Street, Glenorchy
Currently returning: $360 per week
House size: 133m2
Land size: 556m2
Rates: $1,335
Water: $892.16
Four bedroom delightful home with a huge garage, completely renovated with new kitchen and bathroom, new floor coverings and lovely yards.
Opportunities like this rarely become available and are highly sought after.
We are expecting high levels of interest as there is simply nothing like this on the market. So to discuss further, please call us today.
The vendor reserves the right to accept all offers prior to the expressions of interest closing date.
Property History for 59a Tolosa St, Glenorchy, TAS 7010
- 19 Jul 2017Listed for Rent $395 / week
- 21 Feb 2017Sold for $1,350,000
- 07 Feb 2017Listed for Sale EXPRESSIONS OF INTEREST
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0About Glenorchy 7010
The size of Glenorchy is approximately 10.4 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Glenorchy in 2011 was 10,533 people. By 2016 the population was 10,833 showing a population growth of 2.8% in the area during that time. The predominant age group in Glenorchy is 20-29 years. Households in Glenorchy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenorchy work in a community and personal service occupation. In 2011, 57.7% of the homes in Glenorchy were owner-occupied compared with 54.6% in 2016.
Glenorchy has 5,640 properties. Over the last 5 years, Houses in Glenorchy have seen a 45.67% increase in median value, while Units have seen a 51.97% increase. As at 31 October 2024:
- The median value for Houses in Glenorchy is $547,936 while the median value for Units is $438,863.
- Houses have a median rent of $520 while Units have a median rent of $440.
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