OFF MARKET

29 Begonia Street
Lindisfarne TAS 7015

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 43m2
Land area: 683m2
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Property Details for 29 Begonia St, Lindisfarne

29 Begonia St, Lindisfarne is a 5 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 1962. The property has a land size of 683m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in June 1998.

Building Type
Unit
Year Built
1962
Floor Size
43m2
Land Size
683m2
Local Government
Clarence
Lot/Plan
47/73096

Last Listing description (November 2024)

Discover a rare find in Lindisfarne, set on a generous 683sqm parcel, this property comprises of four approved flats on one title, each enjoying picturesque views over the Derwent River to kunanyi/Mt Wellington. This is the first time 29 Begonia Street has been offered for sale in over 25 years, experiencing 100% occupancy throughout this time. Currently yielding a strong rental income of $1,557 per week, this passive investment is fully tenanted, providing a stable and attractive income stream.Property Highlights:Unit 1: 1 bedroom, living room, kitchen, bathroom, and car park.Unit 2: 1 bedroom, living room, kitchen, bathroom, and car park.Unit 3: 1 bedroom, living room, kitchen, bathroom, and secure garage.Unit 4: 2 bedrooms, large living room, kitchen, bathroom, and secure garage.Located just minutes from all the conveniences of Lindisfarne Village, with easy access to shops, cafs, healthcare, public transport, and scenic parks and walking tracks.Key Features:-Strong rental yield at $1,557 per week-Four non-strata units on a single title-Turn key investment-Reliable tenants in place; no Body Corporate fees-Short stroll to Lindisfarne Village, parks, and schools-10 minutes to Hobart CBD-Rates approx. $2,885 p.a. -Water rates approx. $3,500 p.a.-NBN connected to all units-Includes 2 garages and 4 off-street parking spaces-Prime Lindisfarne location with stunning viewsDon't miss this exceptional opportunity to secure a stable, high-yield asset in one of Hobart's most sought-after areas!Please note the vendors reserves the right to accept an offer prior to the Expressions of Interest closing. * 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 29 Begonia St, Lindisfarne, TAS 7015

A timeline of how this property has performed in the market
Last Sold
$150,000
04 Jun 1998
Listed for Rent
$195/w
10 Feb 2011
  • 06 Nov 2024
    Listed for Sale Expressions of interest closing 29/11/24
  • 27 Nov 2010
    Listed for Rent - Price not available
  • 06 May 2010
    Listed for Rent - Price not available
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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 11 properties listed for sale, and 2 properties listed for rent in Lindisfarne on OnTheHouse. According to CoreLogic's data, 105 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.