25 Derwentlaken RoadOtago TAS 7017
Property Details for 25 Derwentlaken Rd, Otago
25 Derwentlaken Rd, Otago is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1959. The property has a land size of 1523m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (September 2023)
Incredible river front home with panoramic views.
The perfect combination of location and views. Located on a rare 1523 square meter block with absolute water frontage (to the high tidemark), this funky little cottage is only 12 minutes to Hobart, directly across the Derwent from the tourism icon of MONA. Surrounded by luxury homes, the property is on one of the most sought after streets in Otago, a peaceful little hamlet on the North Eastern Shore.
This property has great character and a sense of light and space. It faces west, and sun streams through all the windows, with their spectacular ever changing views of Mount Wellington, the river and Bridgewater Jerry. The kitchen has been renovated and includes top end appliances including a 1200mm double oven with gas hotplates and range hood, complete with trendy black tiling for those that love to cook and entertain. The bathroom has also been renovated, once again with that trendy, tiled modern feel. Tas Oak timber floorboards throughout provide an additional welcoming warmth, adding to the lovely feel of the home. The main bedroom is spacious and includes a large built in robe. The second bedroom is equally spacious, while the third bedroom is perfect for a study, nursery or guest accommodation. There are beautiful outlooks from most windows. The deck is perfect for alfresco dining, it opens off the living area, giving mesmerising views of the River Derwent and Mount Wellington, with an equally beautiful night time outlook.
The home is heated by sunlight filtering through all the windows, as well as a new reverse cycle air conditioner to keep you warm on those frosty winter nights.
This generous block (nearly half an acre) gives ample room to enhance the property with sheds, outbuildings or a gazebo to enjoy those captivating views. The title extends to the Derwent River. Put in stairs or a ramp down to the water, perhaps add a little boat shed, and make this area the ultimate riverscape for all to enjoy. Watch the yachts, the MONA ferry, fishing boats and outdoor enthusiasts enjoying the water from your own backyard. You might even spot a dolphin or two frolicking in the river.
If you have been thinking that the opportunity to own absolute riverfront within 15 minutes of a capital city at a reasonable price is well and truly past, this might be the last chance you get.
The property could achieve up to $500.00 per week in rent if you are looking to purchase as an investment.
PLEASE NOTE: external photos will be made available as soon as possible.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 25 Derwentlaken Rd, Otago, TAS 7017
- 31 Jul 2023Sold for $600,000
- 15 Jun 2023Listed for Sale Not Disclosed
- 23 May 2023Listed for Rent $490 / week
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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 273 properties. Over the last 5 years, Houses in Otago have seen a 11.53% increase in median value. As at 31 July 2024:
- The median value for Houses in Otago is $803,038 while the median value for Units is $569,032.
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