OFF MARKET

77-81 Otago Bay Road
Otago TAS 7017

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2477m2
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Property Details for 77-81 Otago Bay Rd, Otago

Building Type
Land
Land Size
2477m2
Local Government
Clarence
Lot/Plan
1/160804

Last Listing description (April 2015)

ABSOLUTE WATERFRONT TO HIGH TIDE
This is indeed a rare opportunity to secure waterfront land in a semi rural, sought after enclave, a mere 12 km to the CBD of Hobart.
This 1654 sqm parcel of land from Otago Bay Road to the high tide mark of the Derwent River is seeking a new owner to capitalise on the stunning vista and build their dream home.

There are 3 existing sheds on the property, ready to demolish and replace with the home of your dreams.
Watch the boating activity, MONA ferry and water craft of all descriptions. Iconic Hobart vistas from this parcel of land are spectacular by day and night.
The 180-degree views encompass Mount Wellington, the Derwent Entertainment Centre, Elwick Racecourse, the award winning GASP building and MONA with views north towards Cadbury Golf Couse.
Pods of dolphins and seals are a regular occurrence making their way up and down the river.
Inspection by appointment only, please contact Mel to organise a time to meet on site.
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 .

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Property History for 77-81 Otago Bay Rd, Otago, TAS 7017

A timeline of how this property has performed in the market
  • 05 Jun 2014
    Listed for Sale $289,000

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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 273 properties. Over the last 5 years, Houses in Otago have seen a 22.27% increase in median value. As at 31 August 2024:

  • The median value for Houses in Otago is $818,668 while the median value for Units is $543,390.
There are currently 1 property listed for sale, and no properties listed for rent in Otago on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Otago.

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