OFF MARKET

3 Conrad Drive
Otago TAS 7017

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 122m2
Land area: 2926m2
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Property Details for 3 Conrad Dr, Otago

Building Type
Land
Year Built
2021
Floor Size
122m2
Land Size
2926m2
Local Government
Clarence
Lot/Plan
1/228870

Last Listing description (May 2016)

A short drive to the city but a world away from everywhere. Situated in beautiful Otago Bay is this large 2926m2 (approx.) residential building block. It has had previous development approval and there are house plans to view.
Electricity and water have been connected and there is a new Ozi Kleen enviro-cycle installed, all ready for you to continue the dream.
A large shed at the base of the block is a huge bonus currently housing a caravan. There are also approximately 30+ railway sleepers and approx. 20m of retaining wall blocks....so lots of extras which can be negotiated on.

As you walk up the block, the views expand to capture the iconic Mount Wellington, the Derwent River and Bowen Bridge. Set on 2 titles which offer even more potential to those thinking of future development.
The block is only an approx. 120 metre amble down the road to the waterfront, and a convenient 10 minute drive to all the shops and services of Glenorchy, or Eastlands and only 15 minutes from the city.
Be quick to take advantage of the full first home building grant before the end of December this year.

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Property History for 3 Conrad Dr, Otago, TAS 7017

A timeline of how this property has performed in the market
Last Sold
$141,500
10 Mar 2016
  • 10 Mar 2016
    Sold for $141,500
  • 13 Aug 2014
    Listed for Sale $149,500
  • 31 Jul 2013
    Listed for Sale PRICE REVISED LOOKING FOR OFFERS OVER $176,000.00
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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 6.69% increase in median value. As at 31 October 2024:

  • The median value for Houses in Otago is $807,059 while the median value for Units is $558,087.
There are currently 4 properties listed for sale, and no properties listed for rent in Otago on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Otago.

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