117 Penquite RoadNorwood TAS 7250
Property Details for 117 Penquite Rd, Norwood
117 Penquite Rd, Norwood is a 12 bedroom, 6 bathroom Unit and was built in 1955. The property has a land size of 1037m2.
Last Listing description (August 2015)
LOCATED ON CENTRAL PENQUITE ROAD IS THIS 'SET AND FORGET' COMPLEX CONSISTING OF 6 X 2 BEDROOM UNITS.RECENTLY UPDATED THROUGHOUT, THE UNITS EACH FEATURE AN OPEN PLAN LAYOUT WITH MODERN KITCHEN AND EURO LAUNDRY, LARGE LOUNGE, NEW CARPETS AND ARE PRESENTED IMMACULATELY. THE COMPLEX HAS UNDERGONE A MAJOR ELECTRICAL OVERHAUL MEANING THE NEW OWNER CAN EXPECT YEARS OF TROUBLE FREE INVESTMENT. SET ON A HUGE 1,037M2 OF LAND, THERE IS THE POTENTIAL TO DEVELOP FURTHER (STCA), A RARE OPPORTUNITY. THE COMPLEX CURRENTLY RETURNS $1,200 IN RENT PER WEEK WITH WONDERFUL TENANTS IN PLACE. SITUATED EXTREMELY CLOSE TO PREMIER SCHOOLS, PUBLIC TRANSPORT AS WELL AS CITY AND SHOPPING CENTRES, DON'T MISS OUT THE CHANCE TO SECURE A VIEWING - CONTACT JEREMY WILKINSON TODAY!FEATURES INCLUDE: GAS
Property History for 117 Penquite Rd, Norwood, TAS 7250
- 26 Apr 2015Listed for Sale Not Disclosed
- 20 Feb 2015Listed for Sale Not Disclosed
- 22 Sep 2014Listed for Sale Not Disclosed
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0About Norwood 7250
The size of Norwood is approximately 3.7 square kilometres. It has 10 parks covering nearly 6% of total area. The population of Norwood in 2011 was 3,794 people. By 2016 the population was 3,757 showing a population decline of 1.0% in the area during that time. The predominant age group in Norwood is 60-69 years. Households in Norwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Norwood work in a professional occupation. In 2011, 78.5% of the homes in Norwood were owner-occupied compared with 77.2% in 2016.
Norwood has 1,625 properties. Over the last 5 years, Houses in Norwood have seen a 71.77% increase in median value, while Units have seen a 61.19% increase. As at 31 August 2024:
- The median value for Houses in Norwood is $632,690 while the median value for Units is $406,120.
- Houses have a median rent of $520 while Units have a median rent of $410.
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