Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

25 Grandview Avenue, Park Grove TAS 7320

Best Offer Over $599,000

Search Band Search Visibility Band

$599k - $629k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 1 Car 787 m²

Listed: 15 hours ago

Overview

This dual-income residential property in the sought-after suburb of Park Grove presents a rare opportunity for investors or those seeking a steady rental return. Consisting of two distinct dwellings, the primary house close to the street is a sturdy brick veneer residence with three good-sized bedrooms and an open-plan living and dining area optimized for northern light and warmth. Despite its near-original condition, this home promises potential for revitalization while benefiting from a low-maintenance yard and year-round comfort thanks to reverse cycle air conditioning.

The second property stands elevated with a contemporary design, offering stunning ocean views that enhance the living experience. This one-bedroom home features an open plan living, dining, and kitchen space that integrates the picturesque surroundings. Comfort is assured all year with reverse cycle air conditioning. Practical amenities include a separate laundry and expansive under-house space, suitable for multiple vehicles, storage, or a personal gym.

Both dwellings have long-term leases locked in, reflecting stable income generation with a combined weekly rental of $660. The property's location in Park Grove provides convenient access to local schools, medical facilities, and the Burnie CBD, emphasizing its functional appeal. This setup makes it attractive for investors prioritizing solid returns or buyers seeking a sound dual living investment in a premier Tasmanian neighborhood.

Dual dwellings with secured long-term tenants
Primary home with three bedrooms and light-filled living spaces
Second home offers panoramic sea views and modern design
Comfortable climate control throughout both properties
Under-house space enhances versatility for storage or leisure
Close proximity to essential services and education

Local Market Insights

In Park Grove, Quiet Listings observed 29 new houses entering the market over the last 30 days, unchanged from 29 in the prior period, with an average advertised asking price of $610,793. The property type mix of listed properties is predominantly Houses at 62%, followed by units (13%), and land (13%). The most active agency for houses in the Park Grove area is currently Harcourts, representing 41% of new listings, followed by Jenrew Real Estate with 28%. 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.