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3 Fleming Street, Glenorchy TAS 7010

Offers Over $685,000

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$685k - $719k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 1 Bath 1 Car 776 m² 115 m²

Listed: 16 days ago

Updated: 7 hours ago

Overview

Positioned in the heart of Glenorchy and close to key amenities such as Northgate Shopping Centre and Montrose Foreshore Park, this 1958 weatherboard residence presents a compelling opportunity for buyers keen on adding value through renovation or development (subject to council approval).

Set on a sizable 776 square meter block, the property offers a solid structural foundation and the promising potential to enhance or expand. The generous kitchen and lounge areas provide adaptable living spaces that can be tailored to modern tastes, while the main bedroom includes the convenience of a walk-in wardrobe, enhancing storage and functionality.

Additional practical features include a family bathroom with separate toilet, laundry facilities, and a covered patio ideal for outdoor entertaining, extending the living space into the garden. The fenced, level garden is not only safe and private but also includes three outbuildings, offering versatile storage or hobby spaces. Parking needs are met with a large single carport and off-street parking.

The property is currently tenanted at approximately $690 per week, making it attractive for investors seeking an immediate rental income stream. Its location is highly accessible, with just a short stroll to Montrose Foreshore Park and proximity to schools, a swimming pool, and public transport. The city centre is within a reasonable 9-kilometer distance, providing a balance of convenience and suburban lifestyle.

This home offers great potential for first home buyers and investors alike, either as a comfortable family home now with room to grow or as a strategic investment opportunity in a sought-after area.

Local Market Insights

In Glenorchy, Quiet Listings observed 24 new houses entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $667,958. The property type mix of listed properties is predominantly Houses at 60%, followed by units (30%), and land (5%). The most active agency for houses in the Glenorchy area is currently 4one4, representing 38% of new listings, followed by PRD Nationwide with 17%. 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.