16 Cottesloe St, Lindisfarne is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 602m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
This large brick home in a quality blue chip location is a rare opportunity for the astute investor or home buyer. A versatile property with two independent dwellings currently rented separately but easily also a large family home with a secondary household.
Currently leased and operated as 2 units, the property comprises a 3 bedroom residence at front and a 2 bedroom residence at the rear. Both are neatly presented throughout and well appointed with heat pumps and new carpet with comfortable lounge rooms, good sized bedrooms and decent kitchen and bathroom facilities.
The lower dwelling has a lovely northerly aspect with sunny balcony and benefits from very handy workshop and utility rooms underneath, with the potential for improvement or at the very least excellent storage. The property is within minutes of either Lindisfarne Village or Eastlands Shopping Centre and is a very short commute to the Hobart CBD. Certainly a golden opportunity to secure a flexible home or rewarding investment in the current market.
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:
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