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1 Cadorna Street, Mowbray TAS 7248

$799,000

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$799k - $839k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 3 Baths 3 Cars 677 m² 113 m²

Listed: 6 days ago

Overview

This appealing property in the heart of Mowbray offers a unique dual-income opportunity, combining a charming original family home with a comfortable granny flat out the back. Set on a generously sized 677 square meter block, this residence retains its classic 1935 character while providing functional living spaces optimized for modern needs, covering approximately 113 square meters of building area.

The main house features three well-proportioned bedrooms, including a master with an ensuite and an additional second toilet, creating convenience and privacy for family members or guests. A second bathroom serves the remaining bedrooms and visitors, ensuring ample bathroom facilities. Natural light flows abundantly throughout the open-plan living areas, fostering a warm and welcoming interior atmosphere.

Complementing the main house is a modest yet practical one-bedroom granny flat, ideal for extended family members or as an independent rental unit, already generating stable income alongside the main dwelling.

Outdoor living is catered for with a deck and space for entertaining, offering prospects for relaxation or social gatherings. The property’s location near schools, parks, shops and local amenities makes it especially suitable for families seeking community connectivity and convenience.

Investors will appreciate the combined rental yields from both living spaces, while owner-occupiers may value the potential to offset mortgage costs or accommodate multigenerational living arrangements. The property is a rare find within walking distance of the vibrant Mowbray precinct.

This residence provides a tangible link to local history with its original 1935 construction, yet remains relevant for contemporary living demands through its thoughtful layout and dual-income potential, making it an attractive proposition for a range of buyers.

Local Market Insights

In Mowbray, Quiet Listings observed 25 new houses entering the market over the last 30 days, up from 14 during the previous 30-day period, with an average advertised asking price of $587,440. The property type mix of listed properties is predominantly Houses at 81%, followed by units (9%), and home for sales (6%). The most active agency for houses in the Mowbray area is currently Ian McCallum - Property Representative, representing 20% of new listings, followed by Ray White with 16%. 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.