OFF MARKET

1/69 Giblin Street
Lenah Valley TAS 7008

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 167m2
Land area: 188m2
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Last updated 11 Nov 2024
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Property Details for 1/69 Giblin St, Lenah Valley

1/69 Giblin St, Lenah Valley is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1914. The property has a land size of 188m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Year Built
1914
Floor Size
167m2
Land Size
188m2
Local Government
Hobart
Lot/Plan
1/58207

Last Listing description (July 2024)

This is an opportunity not to be missed! Properties like this are rare and do not present to the market very often so do not delay making an inspection today!

Right in the heart of Lenah Valley is three units under the one construction/title. Unit A - $380/week, Unit B - $450/week and Unit C - $370/week. Yes, that is correct - a total of $1200/week return! Each unit has separate electrical metres. Rates are $2400 and water is $1000/year approx. plus usage.

Where are you at with your investment portfolio? With the rental demand being so high in Hobart and these units being in an affordable price range for many, you would highly likely keep them continually occupied.

Or another alternative, convert this property into the original family residence (STCA).

You could not possibly go wrong with this property - great and central location (only a few minutes from the Hobart CBD), walking distance to the Lenah Valley hub, Calvary Hospital and a bus route to town.

Please get in touch today for a private inspection.

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Disclaimer: This information has been carefully compiled and is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. The author makes no claim as to the accuracy of the information within and does not intend it to be legally binding. All other responsibilities disclaimed.

Information contained herein on specific properties has been provided by the vendor, by the authorities, or by third party providers. It is subject to the final contract and interested parties must make their own separate enquiries to verify and ensure accuracy of the information herein.

Property History for 1/69 Giblin St, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$380,000
10 Oct 2017
  • 02 Jul 2024
    Listed for Sale Contact Agent
  • 28 Feb 2023
    Listed for Sale Contact Agent
  • 31 Oct 2018
    Listed for Sale Expressions of interest
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About Lenah Valley 7008

The size of Lenah Valley is approximately 8.4 square kilometres. It has 10 parks covering nearly 3.3% of total area. The population of Lenah Valley in 2011 was 5,852 people. By 2016 the population was 5,934 showing a population growth of 1.4% in the area during that time. The predominant age group in Lenah Valley is 40-49 years. Households in Lenah Valley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lenah Valley work in a professional occupation. In 2011, 75.1% of the homes in Lenah Valley were owner-occupied compared with 74% in 2016.

Lenah Valley has 3,089 properties. Over the last 5 years, Houses in Lenah Valley have seen a 37.83% increase in median value, while Units have seen a 32.83% increase. As at 31 October 2024:

  • The median value for Houses in Lenah Valley is $751,994 while the median value for Units is $535,979.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 14 properties listed for sale, and 1 property listed for rent in Lenah valley on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Lenah valley.

Suburb Insights for Lenah Valley 7008

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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.