OFF MARKET

233 Cambridge Road
Warrane TAS 7018

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 94m2
Land area: 2348m2
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Last updated 16 Sep 2024
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Property Details for 233 Cambridge Rd, Warrane

233 Cambridge Rd, Warrane is a 4 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 2348m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1960
Floor Size
94m2
Land Size
2348m2
Local Government
Clarence
Lot/Plan
1/200124

Last Listing description (November 2023)

This is a rare opportunity for the astute developer to secure a fully designed and approved development in an ideal Hobart suburb. Set on the large 2348sqm site, this premium six unit site is 'shovel ready' with approved plans and building permit ready to go while keeping the existing dwelling.

The properties have been designed with convenience and space in mind. Single level units with near level entry, offering modern low maintenance lifestyle, large open plan living areas, three generous bedrooms and two bathrooms. Sundrenched and boasting proximity to schools, shopping precincts, Hobart Airport and Hobart CBD. This is a great and rare prospect with all the hard work done and risk reduced.

The existing dwelling has been fully renovated with a modern kitchen and bathroom, new carpet and has been freshly painted throughout. Original timber floorboards flow through the living area and the large windows allow for plenty of natural light to stream in. The home is serviced by a modern bathroom, separate toilet and laundry, offers a heat pump for climate control and secure off-street parking.

This indeed is something that doesn't become available very often, the chance to develop a premium site without the risk and hassle of the process.

- Fully renovated modern home with plans for 6 additional units
- 'Shovel ready' approved plans and building permits
- Premium development site
- Prime location and ready to build
- Large 2348sqm site with existing dwelling
- Plans available on request
- Quality, sunny home bathed in sun
- Council rates approx. $1,540pa
- Water rates approx. $1,100pa
- Rent assessment $550 - $600pw

Property History for 233 Cambridge Rd, Warrane, TAS 7018

A timeline of how this property has performed in the market
Last Sold
$1,010,000
26 Aug 2021
Listed for Rent
$600/w
10 May 2023
  • 18 Apr 2023
    Listed for Rent $600 / week
  • 11 Apr 2023
    Listed for Sale Offers Over $1.5M
  • 24 Feb 2022
    Listed for Rent $620 / week
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About Warrane 7018

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 1,156 properties. Over the last 5 years, Houses in Warrane have seen a 46.71% increase in median value, while Units have seen a 47.90% increase. As at 31 August 2024:

  • The median value for Houses in Warrane is $516,332 while the median value for Units is $567,164.
  • Houses have a median rent of $480 while Units have a median rent of $490.
There are currently 10 properties listed for sale, and 1 property listed for rent in Warrane on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Warrane.

Suburb Insights for Warrane 7018

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.