115 Montrose Road, Montrose, TAS 7010

Sold

Sold for $360,000 (Jul 16, 2021)

ATTENTION DEVELOPERS - 10-unit block (STCA)

This 4612m2 block would be great for the shrewd investor, capable of holding up to 10 Units or 8 Townhouses (on 500ms) (STCA).

The block is steep but great buying in this range. Close to all services with a short 4-minute drive to Central Glenorchy with all its services.

Unit blocks this close to suburbia are getting harder to find. Zoned residential and mostly clear with only light scrub to clear, a must-see property.

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Property Info:
  • Property ID: L9549512
  • Property Type: Land
  • Land Area: 4612.0 sqm
We Know Your Area
R&H Suburb Profile: Montrose

R&H Suburb Summary Houses
Number of sales 33
Average Price $489,334
Median Price $497,500
Median Rental Price $470 p.w.
Change in Rental Rate (5yr) 44 %
R&H Suburb Summary Units
Number of sales 9
Average Price $406,056
Median Price $370,000
Median Rental Price $368 p.w.
Change in Rental Rate (5yr) 63 %
Montrose, TAS - Median Trend
$497,500