197 Otago Bay RoadOtago TAS 7017
Property Details for 197 Otago Bay Rd, Otago
197 Otago Bay Rd, Otago is a 4 bedroom, 3 bathroom House with 12 parking spaces and was built in 2000. The property has a land size of 10543m2 and floor size of 300m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (December 2018)
Beautifully situated and set back from the road, a private laneway always creates expectation and this impressive property on 1.054 hectares does not disappoint. Number 197 has remained in the same family since construction in 2000, testament to the quality of the build, and the pleasure the house and grounds have given the owners. Privacy and tranquility is assured, the sounds of silence interrupted only by the presence of up to 34 species of birdlife.
Brilliant views of the river are a notable feature of this property. An expansive floorplan over two storeys, a decided emphasis on entertaining with a seamless connection between indoor and outdoor living. Twin terraces providing a great spot for alfresco dining and to enjoy the all-important north westerly orientation. Floor-to-ceiling glazing and picture windows frame the water views over landscaped gardens and orchard comprising 10 varieties of fruit trees. Vistas across to Claremont Golf Club will also appeal.
The interiors enjoy an abundance of natural light, with split levels creating interest and sunken living space. The kitchen takes centre stage with black granite benchtops complementing Tasmanian Oak limed timber.
Independence for the whole family, courtesy of the accommodation on the lower level, which is generously proportioned and has potential for multiple uses, or perhaps to convert to self-contained accommodation.
A jacuzzi spa room with drinks bar enjoys direct access to the garden and surrounds. A spacious bathroom and separate laundry is adjacent to this area, in addition to a double garage with plumbing in situ with secure internal access.
There is also off street parking for up to 10 cars and ample space to extend the orchard, establish an olive grove or vineyard.
Otago is a great, city fringe location with a delightful semi-rural feel affording the best of both worlds. Northern suburbs and Eastern Shore services and retail are equidistant from Otago. MONA, which has now become a destination in itself with a selection of fine eateries and artwork is nearby, a mere 12 minute drive.
This is a sensational opportunity to grasp a superlative property with timeless appeal.
Property History for 197 Otago Bay Rd, Otago, TAS 7017
- 09 Nov 2018Sold for $1,030,000
- 12 Oct 2018Listed for Sale Expressions of interest
- 08 Aug 1995Sold for $95,000
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About Otago 7017
The size of Otago is approximately 5.4 square kilometres. It has 2 parks covering nearly 52.9% of total area. The population of Otago in 2011 was 556 people. By 2016 the population was 570 showing a population growth of 2.5% in the area during that time. The predominant age group in Otago is 50-59 years. Households in Otago are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Otago work in a professional occupation. In 2011, 95.3% of the homes in Otago were owner-occupied compared with 92.5% in 2016.
Otago has 272 properties. Over the last 5 years, Houses in Otago have seen a 5.86% increase in median value. As at 30 September 2024:
- The median value for Houses in Otago is $811,120 while the median value for Units is $553,781.
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