4/22 Joyce StreetMontello TAS 7320
Property Details for 4/22 Joyce St, Montello
4/22 Joyce St, Montello is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 156m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (October 2024)
Opportunities such as this come up very rarely so when they do, a savvy buyer knows it's wise to start considering the numbers and to act swiftly. Built in 1980 all units are leased, have two bedrooms, one bathroom with undercover parking for a vehicle and strata titled. There is endless potential to increase rental return with various updates, please reach out to listing agents for more information.
Property features:
Four stand alone two bedroom, one bathroom units
Elevated location offering easy access and views from each unit
Allocated undercover parking with each property
Fully tenanted with long term tenants in place
Currently returning approximately $51,480.00pa
Units 1 and 4 have additional yard space
Units can be purchased separately or as a package
Conveniently located to local primary school, shops, aquatic centre and a short drive to Burnie's CBD
Whilst all units differ, and a personal inspection is highly recommended - they are mostly in varying original condition and with some updates and general maintenance there is room for a growth in rental return. For more information, please contact our office for a copy of the full Information Memorandum.
*Harcourts Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.*
Property History for 4/22 Joyce St, Montello, TAS 7320
- 29 Oct 2024Listed for Sale Contact Agent
- 09 May 2022Listed for Rent $240 / week
- 31 Jul 2020Listed for Rent - Price not available
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About Montello 7320
The size of Montello is approximately 0.7 square kilometres. It has 2 parks covering nearly 8.1% of total area. The population of Montello in 2011 was 1,198 people. By 2016 the population was 1,203 showing a population growth of 0.4% in the area during that time. The predominant age group in Montello is 20-29 years. Households in Montello are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montello work in a community and personal service occupation. In 2011, 58.6% of the homes in Montello were owner-occupied compared with 59.1% in 2016.
Montello has 638 properties. Over the last 5 years, Houses in Montello have seen a 87.15% increase in median value, while Units have seen a 62.62% increase. As at 31 October 2024:
- The median value for Houses in Montello is $425,646 while the median value for Units is $363,375.
- Houses have a median rent of $350 while Units have a median rent of $300.
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