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Back 1/56 Lennox Ave
Off Market

1/56 Lennox Ave

Lutana TAS 7009

2
1
1
74 m²
260 m²
Unit
Last sold for $281,000
Colin MillerColin Miller, last sold this property on 08 September 2017 after 4 days on market.

Overview

High yield growth investment with views!

Positioned to maximise a wonderful suburban, Mt Wellington and Derwent River view awaits a perfect investment nest egg to add to your portfolio or self managed super fund. Well maintained, tidy and with contemporary décor throughout, there's nothing to do but take over the investment with no work to be done up front. It is currently leased until January 2018 at $290 per week to good tenants, so there is no worry about vacancy up front. This provides for a healthy no fuss 6% gross return for your portfolio or self managed super fund. This solid, well built brick, colourbond, and aluminium window-framed unit has been efficiently designed. Comprising 2 bedrooms, 1 bath room, and contemporary open plan kitchen, dining and lounge rooms - the comfortable home is light, bright, and airy. Set on a good sized fully fenced, sunny strata block of 260m2 there is room for pets, or kids to play happily, or to nurture a productive veggie patch or pretty floral garden. It's within five minutes drive of retail, schooling, sport & activity centres, and a short walk to Lutana Woodlands Reserve. Only ten minutes drive to the city and there is metro transport just 130m down the road. All the boxes are ticked for a sound investment that will just keep on giving - move quickly on this one! ▪ Perfect high yielding growth investment with great views ▪ Superbly maintained and contemporary inside and out ▪ Low maintenance brick, tile, and aluminium window frame construction ▪ Single car garage with roller door and heaps of storage ▪ Leased for $290/week (6% gross yield) until January 2018 ▪ Metro bus transport just outside, and school five minutes drive away ▪ Five minutes drive to major retail hub, ten minutes to Hobart

Features

2 bedrooms
1 bathroom
1 carspace
74 m² floor area
260 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Lutana over the last 12 months, the estimated median property value of 1/56 Lennox Ave is $484.56k.

Median value
$484.56k
Estimated value range
$225.5k - $573k
Median days on market
26
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lutana. 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 1/56 Lennox Ave

2024
Rented
Undisclosed
Leased on 24 May 2024 by PRD Montrose Hobart
2024
Rented
Undisclosed
Leased on 23 May 2024 by PRD Hobart
2017
Sold
$281,000
08 Sep 2017 by Colin Miller, of Harcourts Hobart

Happy sellers in Lutana

92%
92% of sellers in Lutana reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Lutana over the last 12 months.

Local market activity for 2 bedroom units in Lutana

In the last 12 months, 5 two-bedroom units similar to 1/56 Lennox Ave, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lutana

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Bryce Blacklow

Sellers who recommend Bryce Blacklow have praised them for being clear communication, local expert, responsive, friendly, dedicated, supportive and honest

  •   5   (317 reviews)
  •  7 Reviews in Lutana
  •  4 Sales in Lutana
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Aaron Murray

Sellers who recommend Aaron Murray have praised them for being clear communication, local expert, responsive, friendly, supportive, easy to work with and well-prepared

  •   4.9   (319 reviews)
  •  4 Reviews in Lutana
  •  2 Sales in Lutana
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Kevin Spaulding

Kevin Spaulding is a recommended agent for Lutana.  They have 1 local sale and collected 4 local reviews across the last 12 months.

  •   4.9   (202 reviews)
  •  4 Reviews in Lutana
  •  1 Sale in Lutana
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Jeff Belbin

Sellers who recommend Jeff Belbin have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and reliable

  •   5   (94 reviews)
  •  3 Reviews in Lutana
  •  3 Sales in Lutana
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