Offers ranging - $485,000-$525,000
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56 Penna Road, Midway Point TAS 7171

House
312
Block size: 766 m² approx.House size: 87 m² approx.

"Scenic Investment Opportunity: Water and Mountain Views Await!"

Are you searching for a property that offers breathtaking views, convenient location, and endless potential? Look no further! We are thrilled to present a remarkable 3-bedroom, 1-bathroom home situated on a spacious block of land, overlooking the mesmerising waterfront with stunning mountain views.

Location is key, and this property has it all. Just a short 5-minute drive from the Hobart Airport, you'll enjoy the ease of travel for both business and leisure. Furthermore, the bustling CBD is only a short 15-minute drive away, allowing you to indulge in the vibrant city life while still relishing in the tranquility of your own slice of paradise.

One of the most exciting aspects of this property is the potential for strata title subdivision, subject to council approval. This means you have the opportunity to maximize its value and explore various development options, making it an enticing prospect for investors and those looking to capitalize on the property's potential.

Imagine unwinding after a long day and being greeted by the most stunning sunsets over majestic Mt. Wellington. This natural spectacle will be a daily reminder of the beauty that surrounds you in this thriving suburb of Midway Point. With a booming development scene, the area is set to flourish, providing excellent prospects for growth and capital appreciation.

First home buyers, renovators, and investors alike will find this property irresistible. The affordable price point ensures accessibility for those entering the property market or seeking a rewarding renovation project. Additionally, the rental return potential offers a great opportunity for investors to generate a solid income stream.

Don't miss out on this incredible opportunity! Properties of this caliber and affordability are in high demand and rarely stay on the market for long. It's priced to sell, so act swiftly to secure your piece of this remarkable Midway Point gem.

Currently tenanted at $480.00 per week on a 12 Month Lease until the 18th August 2024.

To schedule a viewing or obtain more information, please contact us today. We are eagerly awaiting your call and look forward to assisting you in making this dream property yours.

- 15 Mins Drive to Hobart CBD
- 5 Mins drive to Hobart Airport
- Water & Mt Wellington views
- Potential to Strata Title STCA
Features
  • Allocated Car Spaces
  • Dishwasher
  • Garden Shed
  • Reverse Cycle a/c

Inspections

No open inspections scheduled.

Send an enquiry

Contact Anita Fitze to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
3
Bathrooms:
1
Parking:
2
Property type:
House
Block Size:
766 *
House Size:
87 *

Other Details

Volume:
49
Folio:
63199
Legal description:
63199/49
Petrusma Property Hobart/Sandy Bay

Maps and area information

Block information
Block size: 766 (approx)
Legal description: 63199/49
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 9 houses with 3 bedrooms that just sold near 56 Penna Road Midway Point

What's nearby

Cambridge Primary SchoolPrimary School
8.2km
Sorell District High SchoolHigh School
2.8km
Royal Hobart HospitalHospital
18.5km
Shopping CentreMajor Shopping Centre
3.5km
Elizabeth CollegeCollege
19.2km
Sorell Post OfficePost Office
3.2km
Tafe - Eastern Shore CentreTafe
13.9km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
12 Jun 2020
Sold
Raine & Horne Sorell
$380,000
Contract: 12/06/2020
Listed: 23/06/2020
Block size: 766m²
Transfer type: Full transfer
02 Aug 2009
Sold
$249,000
Contract: 02/08/2009
Block size: 766m²
Purpose: House or cottage
10 May 2007
Sold
$167,000
Contract: 10/05/2007
Block size: 766m²
Purpose: House or cottage
10 Jul 2001
Sold
$62,000
Contract: 10/07/2001
Block size: 766m²
Purpose: House or cottage

Midway Point suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
3,384
Listing ID: 181740742. This listing has been viewed 139 times. It was first displayed on 30/06/2023 and last updated on 02/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.