OFF MARKET

115/571 Nelson Road
Mount Nelson TAS 7007

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 66m2
Land area: 113m2
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Property Details for 115/571 Nelson Rd, Mount Nelson

115/571 Nelson Rd, Mount Nelson is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 113m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
2014
Floor Size
66m2
Land Size
113m2
Local Government
Hobart
Lot/Plan
115/54590

Last Listing description (December 2020)

Investors, first home buyers and professionals...it's time!

A new class of living is on offer with the Nelson Apartments, a premium apartment development built in the leafy bush land setting on the former Nelson Tavern site in Mount Nelson.

The apartments reflect class and modern chic at the same time as achieve a minimum 5-star energy rating. They feature double glazed aluminum windows, high quality fixtures and fittings, marble tiles in the bathrooms, Tas oak laminate flooring, LED lighting and Panasonic heat and cooling inverter.

The designer kitchen was upgraded at the time of building to include stone benchtops and Smeg stainless steel appliances.

Combined with its highly desirable location and setting, 10 minutes to the CBD, Kingston and the University, the units are certain to be in demand by discerning investors and professionals.

The apartment comes with two parking spaces and there is ample visitor parking and generous shared garden and park areas. The area itself has multiple recreational and bush-walking options, suitable for both professionals, students, retirees, investors or first home buyers.

The development is located directly on a bus route to the university, local shops and the CBD. It is sunny and relatively flat with a pleasant outlook and quality neighborhood.

Contact Simon for further details or to arrange your inspection.

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Property History for 115/571 Nelson Rd, Mount Nelson, TAS 7007

A timeline of how this property has performed in the market
Last Sold
$399,000
18 Dec 2020
  • 18 Dec 2020
    Sold for $399,000
  • 10 Nov 2020
    Listed for Sale Offers over $390,000
  • 25 Sep 2015
    Sold for $280,000

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About Mount Nelson 7007

The size of Mount Nelson is approximately 5.9 square kilometres. It has 9 parks covering nearly 18% of total area. The population of Mount Nelson in 2011 was 2,432 people. By 2016 the population was 2,503 showing a population growth of 2.9% in the area during that time. The predominant age group in Mount Nelson is 60-69 years. Households in Mount Nelson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Nelson work in a professional occupation. In 2011, 71.5% of the homes in Mount Nelson were owner-occupied compared with 71% in 2016.

Mount Nelson has 1,288 properties. Over the last 5 years, Houses in Mount Nelson have seen a 39.84% increase in median value, while Units have seen a 43.09% increase. As at 30 September 2024:

  • The median value for Houses in Mount Nelson is $923,996 while the median value for Units is $523,927.
  • Houses have a median rent of $555 while Units have a median rent of $410.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Mount nelson on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Mount nelson.

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