19-21 Goodwood RoadGoodwood TAS 7010
Property Details for 19-21 Goodwood Rd, Goodwood
Last Listing description (March 2020)
Currently a long-established accommodation business, 'Hobart Cabins and Cottages', this property is improved by:
Five (5) free standing residences, offering three to five bedrooms each, all with separate titles and in generally good order.
Fourteen (14) one and two-bedroom self-contained visitor accommodation cabins.
Amenities block and ancillary improvements inclusive of games room, internal roadways, automated security gate, playground, landscaping, etc.
The property is leased until 1 June 2020 at a net rental of approximately $175,000+GST p.a. The new owner has the option to re-lease the premises to a new tenant or operate under management.
Zoned 'Residential' under the provisions of the Glenorchy Planning Scheme, the property represents one of northern Hobart's most compelling infill residential development and investment opportunities. Underpinned by attractive holding income, the property lends itself to a median density residential development in a locality experiencing robust demand from investors and owner-occupiers alike.
Preliminary site plans have been previously prepared by the owners showing new title boundaries for the existing homes and creation of thirteen (13) villa units.
Whether you are an investor or developer, this is a compelling opportunity within a central and convenient location. On public transport, within 1.9 kilometres of Glenorchy's commercial hub inclusive of Northgate Shopping Centre, walking distance to Bunnings Glenorchy (proposed Anaconda and Spotlight), local primary and secondary schools and all within 7.6 kilometres of Hobart city centre.
Being sold via Expressions of Interest closing 14 November 2019.
Property History for 19-21 Goodwood Rd, Goodwood, TAS 7010
- 10 Jan 2020Sold for $3,150,000
- 18 Oct 2019Listed for Sale UNDER OFFER
- 06 Dec 2016Sold for $1,822,500
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0About Goodwood 7010
The size of Goodwood is approximately 0.6 square kilometres. It has 4 parks covering nearly 8.7% of total area. The population of Goodwood in 2011 was 1,132 people. By 2016 the population was 1,043 showing a population decline of 7.9% in the area during that time. The predominant age group in Goodwood is 50-59 years. Households in Goodwood are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Goodwood work in a labourer occupation. In 2011, 49.8% of the homes in Goodwood were owner-occupied compared with 48.9% in 2016.
Goodwood has 480 properties. Over the last 5 years, Houses in Goodwood have seen a 45.23% increase in median value, while Units have seen a 45.46% increase. As at 31 October 2024:
- The median value for Houses in Goodwood is $529,790 while the median value for Units is $466,385.
- Houses have a median rent of $495.
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