8 Mortimer Ave, Mount Stuart is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 1148m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Originally constructed in the 1920's, this original red double brick, north east facing residence is situated on an extensive 1152m2 allotment at the bottom of Mt Stuart. Featuring 3 bedrooms, 2 bathrooms, multiple living areas, two inviting sunrooms, and a separately accessed self-contained area downstairs, this property provides an endless array of opportunities for the new owner.
Easy walking to the North Hobart precinct with its restaurants, cafes, cinema, Hill Street Grocer, Friends School and gym, or pleasant half hour walk to the city and waterfront. With off-street parking and nearby local bus corridor, the location is ideal base to explore what Hobart has to offer. The property is on a quiet street, with near level access to the house. There are no overlooking neighbours so sit back, enjoy the quiet and relax with fantastic north easterly sunshine and views over New Town and the Domain.
The layout of the 1152m2 over two tiers provides opportunity for the investor to subdivide or add multiple dwellings (STCA) or keep the extensive land piece as is with its established lawns, garden beds, fruit trees and outside storage.
With structural foundation issues present, the property has assessments for correction, or the possibility of demolition, whatever the purchaser seeks of the property.
Opportunities of this size, potential and in this exclusive area are rare, so take advantage of the time frame to auction to be ready to bid to secure your dream investment.
The size of Mount Stuart is approximately 1.1 square kilometres. It has 3 parks covering nearly 11.5% of total area. The population of Mount Stuart in 2011 was 2,277 people. By 2016 the population was 2,378 showing a population growth of 4.4% in the area during that time. The predominant age group in Mount Stuart is 50-59 years. Households in Mount Stuart are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Stuart work in a professional occupation. In 2011, 74.6% of the homes in Mount Stuart were owner-occupied compared with 73.2% in 2016.
Mount Stuart has 1,117 properties. Over the last 5 years, Houses in Mount Stuart have seen a 26.63% increase in median value, while Units have seen a 23.87% increase. As at 30 November 2024:
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