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5/178 Channel Highway, Taroona TAS 7053

Offers Over $1,085,000

Search Band Search Visibility Band

$1.09M - $1.14M Transparent Transparent Listing Based on an openly advertised listing price.

Unit 2 Beds 2 Baths 2 Cars 193 m² 167 m²

Listed: 2 days ago

Updated: 12 hours ago

Overview

This spacious unit offers an elevated apartment lifestyle with expansive views over the River Derwent, blending comfort with the convenience of a low-maintenance home. Located within the well-maintained Storm Bay Apartments, the property is perfectly positioned mere moments from the beach and local cafés, and facilitates an easy commute to Hobart CBD, catering well to professionals, downsizers, and investors alike.

The living areas are flooded with natural light and showcase spectacular river views, enhancing everyday living.
A private sundeck extends the living space outdoors, ideal for both relaxing and entertaining in the sun.
The galley kitchen features quality appliances and a stylish waterfall stone benchtop, providing an efficient and attractive space for meal preparation.
Two generous bedrooms, each fitted with built-in robes and electric heating, offer comfort and storage, with the master bedroom boasting a private ensuite.
The main bathroom includes both a walk-in shower and a separate bathtub, adding versatility and convenience.
Two secure parking spaces are provided, including one undercover with lift access directly to the unit, enhancing ease of access and security.
The complex benefits from level street access and shared well-maintained grounds, contributing to a safe and welcoming environment.

Built in 2009, the home is managed through reasonable annual council and water rates, coupled with a body corporate fee supporting the upkeep of the communal facilities. A rental appraisal suggests strong investment potential with a weekly rental range of approximately $625 to $700.

Local Market Insights

In Hobart, Quiet Listings observed 73 new units entering the market over the last 30 days, up from 23 during the previous 30-day period, with an average advertised asking price of $601,205. The property type mix of listed properties is predominantly Houses at 64%, followed by units (15%), and land (13%). The most active agency for units in the Hobart area is currently Petrusma Property – Sandy Bay, representing 41% of new listings, followed by Fall Real Estate with 15%. 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.