OFF MARKET

2/25 Penna Road
Midway Point TAS 7171

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 116m2
Land area: 403m2
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Property Details for 2/25 Penna Rd, Midway Point

2/25 Penna Rd, Midway Point is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2010. The property has a land size of 403m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Townhouse
Year Built
2010
Floor Size
116m2
Land Size
403m2
Local Government
Sorell
Lot/Plan
2/161354

Last Listing description (November 2023)

Opportunities like this do not come up very often. Secure living in one of Hobart's most popular suburbs - absolutely perfect for downsizers or investors!

The complex is only a short commute to local shopping centres, parks, pubs, restaurants, golf and bowls clubs, local beaches, the Hobart International Airport and is just 20 minutes from the Hobart CBD and 15 minutes to Eastlands. All the amenities that you could possibly need are very close by.

This 2012 quality built home has been well looked after since day one and is sure to impress.

The complex is accessed through the remote controlled gate, providing peace of mind for all residents.

Sitting on 403m2, the home is positioned on the perfected parcel of land for those looking to downsize into something with an easy to maintain garden area - not to mention fully fenced and very private.

The home consists of two spacious bedrooms, the master accompanied by a walk in robe and ensuite, the second bedroom with built ins, large open plan kitchen, (with granite bench tops, soft close cabinetry and glimpses of the water and the mountains) living and dining with the option of reverse cycle and/or pellet heating, the main bathroom, laundry, a compact study nook and a single lock up garage with an abundance of extra storage space and internal access.

There have been several recent updates such as solar energy, a covered patio area, LED lighting and pellet heating.

Due to the body corporate conditions, residents must be 55+ years of age.

This one will not last long so be sure to get in contact today!

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.

All timeframes and dimensions are approximates only.

Property History for 2/25 Penna Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$620,000
02 Aug 2022
Listed for Rent
$350/w
19 Mar 2019
  • 02 Aug 2022
    Sold for $620,000
  • 18 Jul 2022
    Listed for Sale $585,000-$625,000
  • 13 May 2021
    Sold for $455,000
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About Midway Point 7171

The size of Midway Point is approximately 2.1 square kilometres. It has 6 parks covering nearly 19.4% of total area. The population of Midway Point in 2011 was 2,599 people. By 2016 the population was 2,849 showing a population growth of 9.6% in the area during that time. The predominant age group in Midway Point is 30-39 years. Households in Midway Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Midway Point work in a clerical occupation. In 2011, 74.7% of the homes in Midway Point were owner-occupied compared with 72.7% in 2016.

Midway Point has 1,740 properties. Over the last 5 years, Houses in Midway Point have seen a 51.11% increase in median value, while Units have seen a 57.82% increase. As at 31 October 2024:

  • The median value for Houses in Midway Point is $614,737 while the median value for Units is $490,023.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 11 properties listed for sale, and 1 property listed for rent in Midway point on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Midway point.

Suburb Insights for Midway Point 7171

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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.