27B Riverway RoadMontrose TAS 7010
Property Details for 27b Riverway Rd, Montrose
27b Riverway Rd, Montrose is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 786m2 and floor size of 228m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (December 2021)
This is a rare opportunity to secure a large property with a myriad of options for expansion and improvement.
This large brick and tile property presents an exciting opportunity for those looking for a great investment or a project, with the capacity to improve the property from one dwelling into two or simply convert into one large family home.
The top level currently accommodates a large 3 bedroom home which is tenanted at $400 per week until September 2022.
The lower level has been utilised as a flat in the past. With some renovations this area could accommodate a large 3 bedroom home also with the scope to receive two income streams. Alternatively with internal stairs available to the upper level this space could be converted into a substantial 5-6 bedroom family home.
Set on a level block of 788m2 with access via an internal driveway, the home is a short stroll from the popular Montrose reserve. Enjoying wonderful water views of the Derwent River and out to the My State Arena and is just a short 15 minutes drive to Hobart and 5 minutes into Glenorchy.
Montrose is a great family friendly suburb, with convenient services and amenities close by including a great bakery, public transport and great schools in the immediate area.
YEAR BUILT: 1976
CONSTRUCTION: Brick Veneer
ROOF: Imitation Tile
RATES: $2700 Approx. per year
HOUSE TYPE: Dwelling & Flat
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Property History for 27b Riverway Rd, Montrose, TAS 7010
- 30 Nov 2021Sold for $665,000
- 24 Nov 2021Listed for Sale Offers Over $585,000
- 30 Aug 2017Listed for Rent $350 / week
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0About 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 1,114 properties. Over the last 5 years, Houses in Montrose have seen a 44.21% increase in median value, while Units have seen a 50.94% increase. As at 31 October 2024:
- The median value for Houses in Montrose is $593,508 while the median value for Units is $443,958.
- Houses have a median rent of $500 while Units have a median rent of $430.
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