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Back 1 Third Avenue
Off Market

1 Third Avenue

West Moonah TAS 7009

5
3
3
204 m²
1081 m²
House
Last sold for $980,000
Greg FallGreg Fall, last sold this property on 13 July 2025 after 26 days on market.

Overview

Prime Investment Opportunity

Introducing 1 Third Avenue, West Moonah. Three self contained units on one title. This property is being offered to the market for the first time since construction in the late 1950's. All 3 units are currently leased achieving high current market returns. All having approx 12 months before end of lease, offering immediate and uninterrupted income. This solid brick building includes a separate carport with one off street park for every unit. The property consists of a 3 bedroom, 1 bathroom dwelling upstairs and two 1 bedroom, 1 bathroom units downstairs. All units have seperate entries and access to private outdoor areas. The downstairs units have undergone a recent facelift enjoying modern and low maintenance improvements. Upstairs has undergone a bathroom renovation and a brand new Kitchen. Also all carpets and blinds have been updated. This well presented and respectfully maintained property is conveniently located just minutes from the Moonah main strip, public transport options and under 8km from the Hobart CBD. - 3 fully self contained units on one title - Fully leased investment property in desired investment suburb - Council Rates approx. $3,000 per annum - Water rates approx. $1,000 per quarter - 3 single carports for off street parking - Prime location in residential area - Close to services, shops, cafes and schools - Under 8km from 1Hobart's CBD - Approx investment return is 7% based on current rents *The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Features

5 bedrooms
3 bathrooms
3 carspaces
3 carport spaces
204 m² floor area
1081 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in West Moonah over the last 12 months, the estimated median property value of 1 Third Avenue is $862.75k.

Median value
$862.75k
Estimated value range
$770k - $1.06m
Median days on market
27
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in West Moonah. 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 Third Avenue

2025
Sold
$980,000
Private Sale/Treaty on 13 Jul 2025 by Greg Fall, of Fall Real Estate - North Hobart

Happy sellers in West Moonah

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

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

This is based on voluntary sentiment collected from 18 reviews in West Moonah over the last 12 months.

Local market activity for 5 bedroom houses in West Moonah

In the last 12 months, 6 five-bedroom houses similar to 1 Third Avenue, have been sold.

This represents a 40% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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Natalie Downton

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Aaron Murray

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Harry Coomer

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