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Overview
This solid masonry brick home, constructed in 1959 and held by a single owner, offers a unique blend of vintage charm and modern livability on a substantial land footprint made up of three adjoining titles totaling approximately 1,796 square metres. The property presents a versatile opportunity for homeowners, investors, or developers, with features that enhance lifestyle and future potential.
Inside, the home retains its original bespoke kitchen, showcasing design elements reflective of its era, which complement the overall character of the residence. The accommodation includes three bedrooms, a bathroom, and a designated dining area separate from the lounge, providing flexible living spaces. High ceilings contribute to an enhanced sense of spaciousness, while heating comfort is ensured through a contemporary Daikin reverse cycle heat pump and a traditional wood heater.
External features significantly boost the property's utility and appeal. Extensive garaging and outbuildings include a large 76 square metre garage/workshop equipped with three-phase power on the house title, along with a separate powered 54 square metre garage on a different title. Additionally, multiple greenhouses and garden sheds scattered across the land provide options for hobbyists or those pursuing gardening interests.
The configuration of three titles offers exceptional flexibility: the large corner block with dual vehicle access facilitates potential development through boundary adjustments or subdivision, subject to council approval. This could allow for a future two-storey townhouse project or separate sale of vacant allotments, making the property attractive to builders and developers looking to capitalize on its strategic location and landholding size.
Positioned within walking distance of local shops and services, and a short drive from the bustling township of Sorell as well as Hobart International Airport, the property combines convenience with opportunity. The current home enjoys some glimpses of water nearby, with prospects for enhancing views if redeveloped. Overall, this offering delivers immediate income potential alongside longer-term development possibilities, appealing to a diverse buyer pool seeking an adaptable asset in a growing region.
Local Market Insights
In Midway Point, Quiet Listings observed 2 new houses entering the market over the last 30 days, unchanged from 2 in the prior period, with an average advertised asking price of $745,000. The property type mix of listed properties is predominantly Houses at 67%, followed by units (33%). The most active agency for houses in the Midway Point area is currently Elders Real Estate, representing 50% of new listings, followed by Ray White with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Offers Over $895,000 | |
| Offers Over $950,000 |
Location
Midway Point TAS 7171
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 130 m² |
Market Insights for Midway Point TAS 7171
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