Back 1/15 Greenlands Avenue
Off Market

1/15 Greenlands Avenue

Sandy Bay TAS 7005

2
1
1
64 m²
0 m²
Unit
Gary ReevesGary Reeves, last sold this property on 17 July 2020 after 7 days on market.

Overview

Ground floor garden apartment

Situated on the sunny North Eastern end of the building, this smart two bedroom garden apartment is currently let for $450 per week until mid-March 2020. Showing steady capital growth and a good rental yield, this is a great little money box for an investor or first home buyer. Fully renovated throughout in lovely neutral tones, both the bathroom and kitchen have been upgraded, plus recent reverse cycle heat pump, wiring, and hot water cylinder. There is a handy balcony area, which is ideal for outdoor living, plus plenty of garden to enjoy which is maintained by the body corporate. Most rooms enjoy a lovely vista over the garden, which is a very pleasant, colourful and private outlook. This is a great proposition for a single, couple or investor, as it is only a couple of minutes walk to the bus stop, and only a few more minutes to Woolworths and Sandy Bay shopping. UTAS is approximately 12-15 minutes on foot, and the city is only 20 minutes walk via Sandy Bay Rd and St David's Park. If an investment, you would never be without a tenant. Rates are $1395 per annum, Strata fees are $1716 per annum, and Water rates are $230 per quarter. There is also a covered car space quite close to the front door. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
64 m² floor area
0 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Sandy Bay over the last 12 months, the estimated median property value of 1/15 Greenlands Avenue is $615k.

Median value
$615k
Estimated value range
$455k - $800k
Median days on market
40
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sandy Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/15 Greenlands Avenue

2024
Rented
Undisclosed
Leased on 03 Oct 2024 by CPPM Property Management and Sales
2023
Rented
Undisclosed
Leased on 15 Mar 2023 by CPPM Property Management and Sales
2022
Rented
Undisclosed
Leased on 27 Jan 2022 by CPPM Property Management and Sales

Happy sellers in Sandy Bay

84%
84% of sellers in Sandy Bay reported that their sale price either exceeded or met their price expectations.

Sandy Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Sandy Bay over the last 12 months.

Local market activity for 2 bedroom units in Sandy Bay

In the last 12 months, 15 two-bedroom units similar to 1/15 Greenlands Avenue, have been sold.

This represents a 7% increase in two-bedroom units sales when compared to the previous 12 months.

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