96 Penrith StreetRiverside TAS 7250
Property Details for 96 Penrith St, Riverside
96 Penrith St, Riverside is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1979. The property has a land size of 865m2 and floor size of 246m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom House sold in Riverside in the last 12 months.
Last Listing description (May 2024)
This is a truly exceptional residence with tasteful upgrades to the kitchen and bathrooms, boasting 246 sqm of unparalleled living space. Bathed in natural light, this home graces a coveted north-facing position, providing breathtaking vistas of the city skyline and tranquil water views. With a layout designed for the modern family, the upper level offers a spacious and inviting environment, while the ground floor features a fully self-contained unit, perfect for extended family or rental income potential.
Embrace sustainable living with the inclusion of a 20-panel solar system, a testament to this home's eco-conscious design. This feature not only allows you to reduce your carbon footprint, but also promises significant savings on your power bills. For astute investors, this property presents a golden opportunity, with a potential yield exceeding 6.5%. Don't miss your chance to own this remarkable residence that seamlessly combines style, comfort, and financial savvy.
Features:
Large 20 panel solar power system
North facing deck and private rear outdoor entertaining area
Amazing water views from all the spacious living areas and kitchens
A sunny and modern, well-appointed kitchen with loads of storage - a joy for any home cook
Three double bedrooms upstairs - all with built in wardrobes
Separate 2-bedroom self-contained flat downstairs - perfect for the extended family or rental income/Airbnb
Renovated bathroom upstairs offers a bath and the convenience of a separate toilet
Bathroom on the ground floor has walk-in shower - perfect for an older parent or disabled
Convenience of electric heating and reverse cycle air conditioning
Updated laundry with oodles of bench and storage space
Fully fenced - perfect for kids and pets
Double carport, off street parking, garden shed
Only 300 m to the shops, supermarket and facilities at the Riverside Shopping Centre
Close to a private and public schools & community sporting facilities including pool, golf, tennis & bowls
Only 6 minutes' drive to Launceston's CBD
Contact Jeremy Wilkinson or Nav Kaur for further information.
Current rental estimate: Up to $680 pw as one or
Divided into 2 units $480 pw upstairs and $400 pw downstairs (with minimal modifications)
House size: 246 sqm
Land size: 865 sqm
Built: 1979
Council rates: $1,930
Zoning: General Residential
Council: West Tamar
Heritage listed: No
**Harcourts Launceston 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. All measurements are approximate**
Property History for 96 Penrith St, Riverside, TAS 7250
- 22 Apr 2024Sold for $700,000
- 02 Oct 2023Listed for Sale Best Offer Over $675,000
- 29 May 2023Listed for Sale Best Offer Over $679,000
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About Riverside 7250
The size of Riverside is approximately 55 square kilometres. It has 7 parks covering nearly 2.6% of total area. The population of Riverside in 2011 was 6,072 people. By 2016 the population was 6,475 showing a population growth of 6.6% in the area during that time. The predominant age group in Riverside is 10-19 years. Households in Riverside are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverside work in a professional occupation. In 2011, 75.3% of the homes in Riverside were owner-occupied compared with 72.7% in 2016.
Riverside has 3,450 properties. Over the last 5 years, Houses in Riverside have seen a 60.20% increase in median value, while Units have seen a 31.56% increase. As at 31 October 2024:
- The median value for Houses in Riverside is $635,296 while the median value for Units is $390,495.
- Houses have a median rent of $480 while Units have a median rent of $410.
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