2/1 Riseley CourtLenah Valley TAS 7008
Property Details for 2/1 Riseley Ct, Lenah Valley
2/1 Riseley Ct, Lenah Valley is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1977. The property has a land size of 164m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (July 2022)
Centrally located on the city fringe and close to the Kalang Avenue gateway to the northern suburbs, Riseley Court enjoys an elevated position off Bentley and Girrabong Roads.
Representing a solid investment, there is enormous potential to add further value to this conjoined townhouse, constructed in 1977...with minor refurbishment on the upper level and perhaps developing the secure garage space, a massive area with scope to maybe increase the existing footprint. At present there is room for a single car and trailer, however the adjoining workshop and storage area is approximately 43m giving rise to the possibility mentioned, in creating more liveable space or a studio office, perfect for the now accepted hybrid workplace. Timber floor boards underneath the carpet on the upper level are a real feature and are visible from below.
Lovely Derwent river vistas and a sunny north westerly aspect really enhance this property as does the open position and designated fenced, secure garden. There is even a pocket park come playground adjacent to the property.
There are 2 bedrooms with built in cupboards either side of the entrance hall serviced by a separate laundry and bathroom which includes a bathtub. Retro ceramic tiles are original and classic!
The open plan kitchen living and dining areas are spacious and warm with electric wall panel heating, an abundance of natural light and sunshine permeating the interiors. The kitchen has benefited from an update ,is well appointed and smart with a monochrome colour scheme, some timber panelling for interest, great bench space and storage with access to the garden at the rear. The best views are from here towards the Eastern Shore over Lenah Valley with clear views of the river.
Loads of off street parking and relatively quiet being just a handful of residences in the Court, but nearby bustling Lenah Valley village, on the cusp of New Town in one direction and Moonah in the other direction is super convenient and provides a wonderful sense of community with a choice of cafes, retail and services.
There are reliable tenants in situ with their lease expiring in January 2023. Riseley Court presents a great opportunity to secure a sound 'set and forget' investment and at an affordable entry level or add to an existing portfolio.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Property History for 2/1 Riseley Ct, Lenah Valley, TAS 7008
- 20 May 2022Sold for $503,280
- 28 Apr 2022Listed for Sale Offers Over $465,000
- 23 Oct 2020Listed for Rent - Price not available
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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.
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