1 Gunning Street

Off Market

1 Gunning Street

Richmond TAS 7025

196 m²

2297 m²

House

Kate Clark, last sold this property on 05 June 2025 after 10 days on market.

Overview

Endless possibilities with multi-residential & subdivision potential on 2,297m2 lot

Nestled in the heart of Richmond's renowned heritage precinct, this residence presents an exceptional opportunity on a substantial 2,297m² allotment. With four bedrooms, two bathrooms, and a substantial floor plan, this home offers remarkable versatility, making it ideal for families, developers, investors or those with a creative vision. With classic character details throughout, including ornate ceiling roses, a wide hallway, arches and a separate living area with a cosy brick fireplace. The dining area flows seamlessly into the functional kitchen. At the front of the home, the old shopfront adds a unique dimension with endless potential (STCA) for a business, community hub, educational use, or other permitted uses under its general residential zoning. With its generous sized allotment size and zoning that allows for subdivision or development (STCA), this is a rare chance to secure a piece of Richmond's history while unlocking future value. The property's layout and size provide a solid foundation for modernising or repurposing to suit your needs. Located just a short stroll from Richmond's iconic bridge, the oldest bridge in Australia still in use, cafes, galleries, shops, and local schools and less than 25 minutes to Hobart and 10 minutes to Sorell. This property offers the perfect balance opportunity of securing a piece of paradise in a desirable area.

Features

4 bedrooms

2 bathrooms

8 carspaces

1 carport space

7 open car spaces

196 m² floor area

2297 m² lot size

House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Richmond over the last 12 months, the estimated median property value of 1 Gunning Street is $941.5k.

Median value

$941.5k

Estimated value range

$860k - $1.9m

Median days on market

Estimated value trend

-18%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Richmond. 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 Gunning Street

2025

Sold

Undisclosed

Private Sale/Treaty on 05 Jun 2025 by Kate Clark, of EIS Property Hobart

Happy sellers in Richmond

72%

72% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 10 reviews in Richmond over the last 12 months.

Local market activity for 4 bedroom houses in Richmond

In the last 12 months, 6 four-bedroom houses similar to 1 Gunning Street, have been sold.

Sold

For Sale

For Rent

Interested in selling?

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George Self

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