111 Warwick StreetWest Hobart TAS 7000
Property Details for 111 Warwick St, West Hobart
111 Warwick St, West Hobart is a 3 bedroom, 2 bathroom House. The property has a land size of 590m2 and floor size of 130m2.
Last Listing description (August 2017)
Outstanding residential & light commercial property on the fringe of ever popular North Hobart strip and Hobart CBD. Strata title approval in place, subject to final payment. Zoned Inner Residential with the workshop approved for light commercial use.
Top level: HOUSE: This sunny 3 bdrm 2 bath architecturally designed home was built/developed in 2004. Exuding warmth and style, coupled with on trend contemporary city living, the home is perfect as a Family home, would suit executive couples or add to accommodation/investment portfolios.
The home offers a large open plan design with North facing living areas that spill onto the massive entertaining deck and private rear secure garden. 3 spacious bedrooms: Master with ensuite, BIR and private balcony overlooking the city, with the second and third bedrooms generous in size (BIR).
Presently leased as Air BnB at approx $300.00 per night; formerly let as long term rental.
Within the Lansdowne Crescent Primary School zone.
Street level: WAREHOUSE: The Large open plan warehouse of approx. 198m2 will suit a range of light commercial or other business opportunities of similar or lesser impact. Entrance from Warwick street frontage with large walk in window display and Loading dock make this an exceptional space.
Currently used as Caswell's upholstery workshop and office the open plan layout is extremely flexible, with the dividing temporary wall easily dismantled. A kitchenette and WC , 3 phase power complete the area.
Opportunity exists for the current owner to lease site back from purchaser at a negotiated rate.
Within a short walk to Elizabeth College, Hobart CBD, North Hobart Restaurant / bar strip this is PRIME real-estate.
Property History for 111 Warwick St, West Hobart, TAS 7000
- 01 Jun 2017Listed for Sale $950,000 +
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About West Hobart 7000
The size of West Hobart is approximately 3.9 square kilometres. It has 8 parks covering nearly 35.4% of total area. The population of West Hobart in 2011 was 5,800 people. By 2016 the population was 5,978 showing a population growth of 3.1% in the area during that time. The predominant age group in West Hobart is 40-49 years. Households in West Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Hobart work in a professional occupation. In 2011, 61.5% of the homes in West Hobart were owner-occupied compared with 62.3% in 2016.
West Hobart has 2,944 properties. Over the last 5 years, Houses in West Hobart have seen a 26.39% increase in median value, while Units have seen a 19.05% increase. As at 31 October 2024:
- The median value for Houses in West Hobart is $917,514 while the median value for Units is $630,346.
- Houses have a median rent of $593 while Units have a median rent of $470.
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