OFF MARKET

46 Wellwood Street
Lenah Valley TAS 7008

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 556m2
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Property Details for 46 Wellwood St, Lenah Valley

46 Wellwood St, Lenah Valley is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 556m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
1950
Floor Size
114m2
Land Size
556m2
Local Government
Hobart
Lot/Plan
28/56544

Last Listing description (May 2016)

Conveniently located in the heart of Lenah Valley, lies two conjoined low maintenance recently renovated units providing an affordable option for those wishing to enter the property market, or add a secure investment to their portfolio with the opportunity to purchase either property or both.
Benefitting from an adaptable floor plan and bathed in all day sun, the property has undergone an exciting revamp, boasting a brilliant combination old and new, with original features such as high ceilings, original fireplaces, ceiling roses and polished Tas Oak floorboards, blended seamlessly with a neutral colour palette and modern finishes.
The central kitchen presents stainless steel appliances and soft close cabinetry and adjoins an open plan dining space, perfect for entertaining, whilst the separate spacious lounge room is flooded with sun and provides an elevated outlook.

All three bedrooms are of a generous proportion and provide easy access the modern bathroom, featuring a shower over bath and floating vanity.
There is also a separate toilet and laundry for added convenience. Situated at the rear, is unit 46A - consisting of a central and neatly presented open plan dining and kitchen, featuring ample cabinetry along with space for a dining table with external access to the laundry and a private paved courtyard, provides the perfect setting for private alfresco dining and outdoor entertaining.
The spacious and inviting living is sufficiently heated and provides warm and comfortable living all year around. Both bedrooms offer easy access to the neatly presented bathroom and separate toilet with the main benefitting from built in robes.
The home offers low maintenance grounds and a single car garage, along with ample storage space, all whilst being conveniently located just moments from local schools, shops, Calvary Hospital and the vibrant North Hobart restaurant strip.
***THERE IS ALSO THE OPTION TO PURCHASE THE REAR TWO BEDROOM UNIT - 46A Wellwood Street for $235,000 - $265,000.
- Option available to purchase rear unit
- Comfortable, low maintenance property
- Light-filled living space,modern kitchen
- Tastefully renovated throughout
- Conveniently located
Proposed Rental Return:
Unit 46 (front): $340 - $360 per week approximately
Unit 46A (rear): $260 - $280 per week approximately
Year Built: 1947
Construction Type: Brick
Heating: Electric & Open fire place

Property History for 46 Wellwood St, Lenah Valley, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$430,000
31 Oct 2015
  • 15 Mar 2016
    Listed for Sale $295,000 - $325,000
  • 31 Oct 2015
    Sold for $430,000
  • 12 Oct 2015
    Listed for Sale Not Disclosed
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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.

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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.