76 Gormanston Rd, Moonah is a 4 bedroom, 2 bathroom House and was built in 1913. The property has a land size of 539m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Step into a superb investment opportunity with this beautifully renovated property, offering two dwellings on one title, each with separate electricity meters.
Situated in the heart of Moonah, this versatile gem features a three-bedroom home at the front, and a spacious, self-contained one-bedroom cottage at the rear. Live in one and let the tenants help you pay down the mortgage!
The front house, circa 1913, has been thoughtfully updated, providing a fresh, contemporary living space and wonderfully high ceilings. With three comfortable bedrooms, a stylish bathroom, contemporary kitchen, and a bright, open-plan layout, this home is perfect for families or tenants seeking comfort and convenience. Expected rental return: $500 per week.
At the rear, you'll find a well-appointed one-bedroom cottage that offers privacy and comfort. Ideal for singles, couples, or short-term renters, this cottage is designed for easy, relaxed living. It's also a fantastic option for multi-generational living-whether you have teenagers seeking independence or elderly family members who need a private, yet nearby space to call their own. Expected rental return: $350 per week.
? Renovated 3-bedroom, 1-bathroom front house
? Separate 1-bedroom self-contained cottage
? Combined potential rental return of $850 per week
? Located in a dual-use residential/light industrial zone-offering additional potential for development or business opportunities
? Prime location in Moonah, close to shops, schools, employment hubs and transport
Investors, first home buyers, and those seeking multiple-use options, don't miss out on this fantastic opportunity for dual income streams and the flexibility to live in one, and rent the other. 76 Gormanston Rd is not just a home-it's an investment in future possibilities.
Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt it's accuracy, guarantee cannot be assured. The content is intended as advice, and such as cannot be taken as absolute fact. Any and all imagery displaying outlines, measurements or locations are approximate for marketing purposes only. Please refer to the title documents supplied. Accordingly, all interested parties should make their own enquiries to verify this information.
The size of Moonah is approximately 2.8 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Moonah in 2011 was 5,126 people. By 2016 the population was 5,404 showing a population growth of 5.4% in the area during that time. The predominant age group in Moonah is 50-59 years. Households in Moonah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moonah work in a professional occupation. In 2011, 63.1% of the homes in Moonah were owner-occupied compared with 59.6% in 2016.
Moonah has 3,090 properties. Over the last 5 years, Houses in Moonah have seen a 46.90% increase in median value, while Units have seen a 42.49% increase. As at 31 October 2024:
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