OFF MARKET

71 Franklin Place
Hamilton TAS 7140

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 4000m2
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Property Details for 71 Franklin Pl, Hamilton

71 Franklin Pl, Hamilton is a 1 bedroom, 1 bathroom House and was built in 1826. The property has a land size of 4000m2.

Building Type
House
Year Built
1826
Land Size
4000m2
Local Government
Central Highlands
Lot/Plan
1/242955

Last Listing description (November 2016)

If you ve always thought about having an investment property but thought you d need a few hundred thousand dollars to do so, think again. Green Lane Cottage, one of Tasmania s oldest remaining cottages, is now for sale. Roll up your sleeves, get some mates over and bring this lovely old home back to its former glory.
Sitting on an acre of land in the village of Hamilton, a popular tourist destination, this property presents many opportunities. Renovate the original cottage and let it out as holiday accommodation, or perhaps build another house or even more holiday accommodation on the block and take advantage of the spectacular rural view and tourism dollars.
This circa 1826 cottage has had the main, convict cut, sandstone walls re-pointed and one of the fireplaces has been rebuilt. Concrete floors have also been laid in the main sections of the cottage. The main room still retains the original Baltic pine ceiling.

Electricity is connected and sewer and town water is available on the block. The cottage is also a quick stroll across the road to the well-known Hamilton Inn hotel.
With some effort you can have a great income generating property. Call now for an inspection.

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Property History for 71 Franklin Pl, Hamilton, TAS 7140

A timeline of how this property has performed in the market
  • 22 Dec 2014
    Listed for Sale $80,000 Neg.
  • 02 Aug 2013
    Listed for Sale $85,000
  • 19 Mar 2010
    Listed for Sale OFFERS OVER $85,000

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About Hamilton 7140

The size of Hamilton is approximately 129.1 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Hamilton in 2011 was 477 people. By 2016 the population was 226 showing a population decline of 52.6% in the area during that time. The predominant age group in Hamilton is 60-69 years. Households in Hamilton are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Hamilton work in a managers occupation. In 2011, 75.5% of the homes in Hamilton were owner-occupied compared with 73.3% in 2016.

Hamilton has 241 properties. Over the last 5 years, Houses in Hamilton have seen a 93.36% increase in median value. As at 31 August 2024:

  • The median value for Houses in Hamilton is $357,180 while the median value for Units is $431,940.
There are currently 5 properties listed for sale, and 1 property listed for rent in Hamilton on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Hamilton.

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