2/4 Riverway RoadMontrose TAS 7010
Property Details for 2/4 Riverway Rd, Montrose
2/4 Riverway Rd, Montrose is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 93m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Montrose in the last 12 months.
Last Listing description (September 2024)
Don't miss this fantastic opportunity to secure an affordable investment in a prime location, just under 1km from the heart of Glenorchy CBD. Positioned within 50 metres of the popular bike track (which extends all the way to the city) and only 500 metres from the Montrose Bay foreshore and recreational area, this ground-floor apartment offers both convenience and lifestyle appeal.
Freshly painted, with new carpet and vinyl, this unit is move-in ready.
Part of a small complex of four, this spacious 93sqm apartment is set on a flat block and includes its own lockup garage.
Additional features include heat pump air conditioning, a private garden shed, and a small patio area. The maintenance for the surrounds of the property have all been upgraded over this last year.
Our rental team have advised achievable rent between $370 to $390 per week.
Perfect for comfortable downsizing or for a first climb on the real-estate ladder that won't break the bank.
Contact Ruth or Karen for more information
Property History for 2/4 Riverway Rd, Montrose, TAS 7010
- 12 Sep 2024Sold for $390,000
- 28 Aug 2024Listed for Sale Offers Over $370,000
- 08 Mar 2021Sold for $320,000
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About Montrose 7010
The size of Montrose is approximately 2.9 square kilometres. It has 6 parks covering nearly 2.2% of total area. The population of Montrose in 2011 was 2,002 people. By 2016 the population was 2,168 showing a population growth of 8.3% in the area during that time. The predominant age group in Montrose is 50-59 years. Households in Montrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montrose work in a clerical occupation. In 2011, 71.8% of the homes in Montrose were owner-occupied compared with 70.8% in 2016.
Montrose has 1,112 properties. Over the last 5 years, Houses in Montrose have seen a 44.37% increase in median value, while Units have seen a 57.56% increase. As at 30 September 2024:
- The median value for Houses in Montrose is $589,816 while the median value for Units is $453,071.
- Houses have a median rent of $500 while Units have a median rent of $440.
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