2/55 Cumberland St, Warrane is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 276m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Located in one of Tasmania's most in demand suburbs, unit 2/55 Cumberland Street is a low maintenance, rendered 3 bedroom home with off street parking and a small yard.
Only seconds to eastlands and minutes' drive to the Hobart CBD, this is a great opportunity to enter the market to a property with no work needed as an owner occupier or investor.
The property is currently rented at $310 per week on an informal lease arrangement leaving scope to increase.
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.
The size of Warrane is approximately 4 square kilometres. It has 13 parks covering nearly 33.5% of total area. The population of Warrane in 2011 was 2,410 people. By 2016 the population was 2,416 showing a population growth of 0.2% in the area during that time. The predominant age group in Warrane is 10-19 years. Households in Warrane are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrane work in a labourer occupation. In 2011, 49.2% of the homes in Warrane were owner-occupied compared with 46% in 2016.
Warrane has 1,158 properties. Over the last 5 years, Houses in Warrane have seen a 48.89% increase in median value, while Units have seen a 61.99% increase. As at 31 October 2024:
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