OFF MARKET

127-129 Gilbert Street
Latrobe TAS 7307

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 260m2
Land area: 763m2
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Property Details for 127-129 Gilbert St, Latrobe

127-129 Gilbert St, Latrobe is a 0 bedroom, 0 bathroom House and was built in 1900. The property has a land size of 763m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in September 2011.

Building Type
House
Year Built
1900
Floor Size
260m2
Land Size
763m2
Local Government
Latrobe
Lot/Plan
0/181052

Last Listing description (May 2021)

Excellent Commercial Opportunity plus Luxury Town Centre Living

Here is your opportunity to secure this magnificent home & commercial shop fronts right in the heart of Gilbert Street, Latrobe with the added convenience of being able to live close to your investment properties showing great returns with options to create further income.

This property consists a recently built home and two adjoining main street shop fronts, one currently being run as a coffee shop which has a secure lease in place, currently three years to run with six year options & great returns. The second shop front is vacant but the current owners have a tenant that wishes to lease this property if a potential buyer is agreeable.

The house greatly influenced by Scandinavian design, was built in 2013, using the InsulLiving system. A new system for eco-friendly homes, which will keep your family comfortable all year round. It works through insulated wall and roof panels acting as a thermal shell, to protect from the heat and cold. Monitoring by Queensland University of Technology showed that the InsulLiving home, with originally a 9-Star-Rating, had the real-life performance of 9.5 Stars.
Complete with double glazed and thermally broken framed widows, this house and deciduous garden, were careful designed to capture the warm winter sun, yet protected from the harsh summer heat. An efficient pellet heater, heat transfer system and underfloor heating in the bathrooms, make for a very comfortable living environment all year round. The windows, doors and high ceilings throughout the house have also been thoughtfully positioned to maximise airflow.
The front north facing court yard and gardens provides a cosy and private place for outdoor meals or that after work cuppa, whilst the sheltered western side accommodates a handy work space or bbq area.

There are two spacious, private bedrooms with the main boasting built in robes and an easy access ensuite. Another exceptional feature to this home is the scandi inspired office/study area flowing off the main living and linking through to both bedrooms and bathrooms etc. Call Peter for your inspection.

Offering many unique options whether its owner occupied or as an investment property with potential to generate returns of over a $1,000 per week for the property.

Property History for 127-129 Gilbert St, Latrobe, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$275,000
14 Sep 2011
  • 05 Apr 2019
    Listed for Sale $720,000
  • 09 Feb 2018
    Listed for Sale $750,000
  • 14 Sep 2011
    Sold for $275,000
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About Latrobe 7307

The size of Latrobe is approximately 62.8 square kilometres. It has 12 parks covering nearly 7.1% of total area. The population of Latrobe in 2011 was 3,897 people. By 2016 the population was 4,155 showing a population growth of 6.6% in the area during that time. The predominant age group in Latrobe is 60-69 years. Households in Latrobe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Latrobe work in a trades occupation. In 2011, 69.1% of the homes in Latrobe were owner-occupied compared with 68.2% in 2016.

Latrobe has 2,743 properties. Over the last 5 years, Houses in Latrobe have seen a 79.51% increase in median value, while Units have seen a 70.36% increase. As at 31 October 2024:

  • The median value for Houses in Latrobe is $534,481 while the median value for Units is $432,190.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 31 properties listed for sale, and 1 property listed for rent in Latrobe on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Latrobe.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.