SOLD
Sold on 09 Aug 2024 for $4,915,000

1 Rowitta Road
Lindisfarne TAS 7015

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 700m2
Land area: 2107m2
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Property Details for 1 Rowitta Rd, Lindisfarne

Building Type
Commercial
Year Built
2019
Floor Size
700m2
Land Size
2107m2
Local Government
Clarence
Lot/Plan
137/60993

Last Listing description (June 2017)

We are absolutely thrilled to present the site of the Lindisfarne North Kindergarten for sale. Situated just outside Lindisfarne Village with views of the Tasman Bridge and Mt Wellington and only 10 minutes from the Hobart CBD.
Comprising 3 separate Titles with a total land area of approx. 2102sqm, the property has the potential for up to 6 strata title units (STCA) and is arguably the best development opportunity to hit the market in the area for years. With a bustling and supportive community equally as exciting is the potential to redevelop the site as a child care centre or other new business venture (STCA).
The kindergarten building of approx. 232sqm in size is set across 2 of the 3 Titles, with the remaining corner allotment vacant but for a small shed. The individual allotments are as follows: 1. 683sqm approx. (northern allotment) 2. 703sqm approx. (centre allotment) 3. 716sqm approx. (southern corner allotment) Offers for the property may be made on the basis of purchasing the vacant corner allotment in isolation, the two northern allotments jointly (with kindergarten building), or all three of the allotments.

With community sentiment as vibrant as ever and demand for the area at record highs, this is an absolutely incredible opportunity to capitalise on the rising housing market. Further information available upon request.
- Prime development site with views
- Approx. 2102sqm across 3 separate Titles
- Potential for up to 6 strata units STCA
- Potential for child care centre STCA
- Approx. 10 minutes to Hobart CBD
Year Built: 1977

Property History for 1 Rowitta Rd, Lindisfarne, TAS 7015

A timeline of how this property has performed in the market
Last Sold
$4,915,000
09 Aug 2024
  • 09 Aug 2024
    Sold for $4,915,000
  • 08 Jun 2017
    Sold for $1,110,000
  • 18 Apr 2017
    Listed for Sale Request for Tender closing May 12th at 2:00 pm

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About Lindisfarne 7015

The size of Lindisfarne is approximately 6.9 square kilometres. It has 8 parks covering nearly 25% of total area. The population of Lindisfarne in 2011 was 5,641 people. By 2016 the population was 6,187 showing a population growth of 9.7% in the area during that time. The predominant age group in Lindisfarne is 60-69 years. Households in Lindisfarne are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lindisfarne work in a professional occupation. In 2011, 76.1% of the homes in Lindisfarne were owner-occupied compared with 71.3% in 2016.

Lindisfarne has 2,838 properties. Over the last 5 years, Houses in Lindisfarne have seen a 41.55% increase in median value, while Units have seen a 26.02% increase. As at 31 October 2024:

  • The median value for Houses in Lindisfarne is $743,377 while the median value for Units is $536,172.
  • Houses have a median rent of $580 while Units have a median rent of $465.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Lindisfarne on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Lindisfarne.

Suburb Insights for Lindisfarne 7015

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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.