OFF MARKET

2/132 Montagu Street
New Town TAS 7008

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Land area: 144m2
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Property Details for 2/132 Montagu St, New Town

2/132 Montagu St, New Town is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 144m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in January 2013.

Building Type
Unit
Year Built
2007
Floor Size
99m2
Land Size
144m2
Local Government
Hobart
Lot/Plan
2/153955

Last Listing description (March 2013)

INNOVATIVE URBAN DESIGN
RARELY DOES THE OPPORTUNITY PRESENT ITSELF FOR SOMEONE TO SECURE A UNIQUE PROPERTY SUCH AS THIS. ARCHITECTURALLY DESIGNED AND COMPLETED IN 2008, ITS CLEVER DESIGN, COMBINING HIGH CEILINGS AND WINDOWS WITH GENEROUS OUTDOOR COURTYARD, PROVIDES A WONDERFUL FEELING OF SPACE, PERFECT FOR RELAXING OR ENTERTAINING WITH FRIENDS. LOCATED IN THE POPULAR SUBURB OF NEW TOWN, THIS TWO BEDROOM UNIT MAY JUST PROVIDE THE SOLUTION TO YOUR DESIRE TO LIVE A HASSLE FREE LIFESTYLE. IT IS SITUATED WITHIN WALKING DISTANCE TO RESTAURANTS AND CAFES, SHOPS, SCHOOLS, AND PUBLIC TRANSPORT, WITH THE CBD ONLY A 10 MINUTE DRIVE AWAY. THE PROPERTY ITSELF REQUIRES VERY LITTLE UPKEEP AS A RESULT OF ITS MODERN QUALITY FITTINGS, POLISHED CONCRETE FLOORS, AND LOW MAINTENANCE GARDEN. DESPITE THE PROPERTY BEING LOCATED IN THE HEART OF NEW TOWN, IT RETAINS A STRONG SENSE OF PRIVACY AND SECLUSION. A SECURE GATE ENTRY IS SET WELL BACK FROM THE STREET, LEADING YOU UP A PATHWAY WHERE THE PROPERTY THEN UNVEILS ITSELF. PARKING IS ALSO NOT AN ISSUE, AS THERE IS OFF STREET PARKING FOR TWO CARS. CONVERTED FROM A BRETHREN HALL INTO TWO CONJOINED SINGLE STOREY UNITS, SOME OF THE FEATURES OF THE ORIGINAL BUILDING HAVE BEEN RETAINED, INCLUDING HIGH SLOPING CEILINGS, CELESTIAL WINDOWS, AND CONCRETE FLOORING IN THE LIVING AREA, ADDING CHARACTER AND INTEREST TO THE SPACE. THESE FEATURES COMPLEMENT THE OTHERWISE MODERN INTERIOR INCORPORATING GENEROUS USE OF GLASS AND MIRRORS THROUGHOUT. THERE IS A LARGE BATHROOM WITH OPEN SHOWER BAY, GALLEY STYLE KITCHEN, AND COMBINED DINING AND LIVING. THE OWNERS HAVE RECENTLY ADDED A SECOND BEDROOM AND INSTALLED A BUILT IN WARDROBE IN THE MASTER BEDROOM. THIS PROPERTY WILL APPEAL TO A WIDE RANGE OF PURCHASERS, FROM AN EXECUTIVE PERSON OR COUPLE, THROUGH TO THOSE LOOKING TO DOWNSIZE OR SEEKING A MORE LEISURELY WAY OF LIVING.

Property History for 2/132 Montagu St, New Town, TAS 7008

A timeline of how this property has performed in the market
Last Sold
$312,500
30 Jan 2013
  • 30 Jan 2013
    Sold for $312,500
  • 25 Jan 2013
    Listed for Sale 310,000 - $330,000
  • 24 Jul 2008
    Sold for $310,000
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About New Town 7008

The size of New Town is approximately 4 square kilometres. It has 8 parks covering nearly 9.3% of total area. The population of New Town in 2011 was 5,968 people. By 2016 the population was 6,109 showing a population growth of 2.4% in the area during that time. The predominant age group in New Town is 30-39 years. Households in New Town are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Town work in a professional occupation. In 2011, 58.2% of the homes in New Town were owner-occupied compared with 57.4% in 2016.

New Town has 3,096 properties. Over the last 5 years, Houses in New Town have seen a 31.16% increase in median value, while Units have seen a 21.78% increase. As at 30 September 2024:

  • The median value for Houses in New Town is $821,345 while the median value for Units is $481,476.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 15 properties listed for sale, and 9 properties listed for rent in New town on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in New town.

Suburb Insights for New Town 7008

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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.