26 Derwentlaken Rd, Otago is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 5049m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
Designed in the 1970s by renowned architect Bob Nation, 'Monticello' was well ahead of its time. Now, completely refurbished in a contemporary style with modern day comforts, the dwelling is again one of the most exciting homes in the area.
Set on approx. 1.25 acres with absolutely stunning views across the Derwent River to Mt Wellington, the property is offers wonderful lifestyle just 15 minutes from the Hobart CBD. Situated at the end of a cul-de-sac the driveway leads up through the front yard and gardens to the house at the crest of the hill. There is a long 2-vehicle carport with undercover access to the house, with additional parking at the rear.
The highlight of the home is the stunning central living area with full length sliding glass doors and windows taking advantage of the breathtaking river views, raked ceilings with exposed timber trusses, a wood heater and heat pump and sleek modern kitchen. The kitchen is very well appointed with quality Bosch appliances, stone bench tops and push-release cupboards and drawers. There is direct access to a large concrete courtyard and BBQ area at the rear and a terrace at front, and the full length windows at both the front and rear allow sun and light through the home at all times of the day and ensure the view can be enjoyed from almost every vantage point.
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 6.69% increase in median value. As at 31 October 2024:
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