OFF MARKET

3 Riverway Road
Montrose TAS 7010

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 100m2
Land area: 953m2
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Property Details for 3 Riverway Rd, Montrose

3 Riverway Rd, Montrose is a 0 bedroom, 0 bathroom Unit with 4 parking spaces and was built in 1990. The property has a land size of 953m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1990
Floor Size
100m2
Land Size
953m2
Local Government
Glenorchy
Lot/Plan
4/54772

Last Listing description (October 2016)

The character of a Circ 1880 railway cottage at the front and a 1980 s one bedroom fully separate villa unit behind, plus enough land to build a third (953m2 of level land) the possibilities are endless. The Circ 1880 cottage has Tas oak floors, a formal lounge, open plan kitchen and dining and 2 double bedrooms and a sunroom, there are even Mountain views. It was let at $250pw but this could easily be increased. The one bedroom (with built ins) fully separate villa, built in the eighties is open plan with a sunroom entrance, raked ceilinged feature lounge and a good built ins. There is a pegola carport and features lots of sun, and this was let for $180pw. They are both offered for the one price and are vacant. With 953m2 of level land and good access there is the possibility of building a third unit STCA. This is an opportunity too good to miss but please be quick as this is a very rare offering. Call Neville today

Property History for 3 Riverway Rd, Montrose, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$325,000
30 Aug 2016
  • 30 Aug 2016
    Sold for $325,000
  • 19 Jul 2016
    Listed for Sale OFFERS OVER $350,000
  • 25 Jun 1987
    Sold for $58,000

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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 1,113 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.
There are currently 5 properties listed for sale, and no properties listed for rent in Montrose on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Montrose.

Suburb Insights for Montrose 7010

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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.