1/71 Morris StreetProspect TAS 7250
Property Details for 1/71 Morris St, Prospect
1/71 Morris St, Prospect is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 158m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Prospect in the last 12 months.
Last Listing description (February 2024)
This impeccably preserved unit offers not only the potential for a rewarding lifestyle or investment but also serves as an ideal downsizing solution. From various angles, this property presents exceptional opportunities.
Few units can compare to 1/71 Morris Street, which boasts an undercover car space with additional parking at the front of the unit, a fully fenced yard, and a low-maintenance garden area with a good-sized garden shed, making it perfect for pets, entertaining, or those with green thumbs.
Nestled in a tranquil setting, on quiet Morris Street within a well-designed complex of only 2 units, this residence fosters a strong sense of privacy. Its inviting living and dining area, featuring bay windows and an efficient heat pump, seamlessly leads to a sunlit separate kitchen.
Two spacious bedrooms, each equipped with built-in robes, share a centrally located bathroom that mirrors the unit's impeccable presentation.
Additional conveniences include a separate toilet, a separate laundry, and a convenient carport, enhancing the overall user-friendliness of the design.
This property boasts an excellent track record as both an address and an investment, conveniently situated in between Prospect Vale Marketplace and The Olde Tudor Inn whilst being close shopping, bus routes, and St Pats College.
Affordable units like this do not last long on the market, reach out to secure an inspection.
Rental appraisal: $380 per week
Council rates: $1,672 approx. per annum
Water rates: $222 approx. per quarter
No active body corporate.
** Knight Frank has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. **
Property History for 1/71 Morris St, Prospect, TAS 7250
- 22 Mar 2024Sold for $395,000
- 26 Sep 2023Listed for Sale Offers Over $389,000
- 15 Jul 2000Sold for $75,000
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About Prospect 7250
The size of Prospect is approximately 6.6 square kilometres. It has 9 parks covering nearly 19.4% of total area. The population of Prospect in 2011 was 1,438 people. By 2016 the population was 1,710 showing a population growth of 18.9% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation. In 2011, 66.7% of the homes in Prospect were owner-occupied compared with 63.7% in 2016.
Prospect has 1,009 properties. Over the last 5 years, Houses in Prospect have seen a 73.71% increase in median value, while Units have seen a 46.81% increase. As at 30 September 2024:
- The median value for Houses in Prospect is $570,201 while the median value for Units is $403,289.
- Houses have a median rent of $488 while Units have a median rent of $395.
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