Back 12 Gourlay St
Off Market

12 Gourlay St

Blackmans Bay TAS 7052

4
1
2
145 m²
727 m²
House
Last sold for $477,500
Nana CoburnNana Coburn, last sold this property on 26 November 2019 after 40 days on market.

Overview

Develop Now or Plan for the Future

Be quick to grab this outstanding, affordable opportunity in one of Hobart's most in-demand beachside suburbs. For now, embrace the charm of the existing, four bedroom, seventies built home that reflects the character of the "classic bay shack" and get into the area at what is quickly becoming starting price. Extend your vision to the future potential of the 727m2 piece of land which already has the home perfectly positioned to the rear, allowing further development of a brand new, strata-titled home on the street frontage (STCA). Minimum density for multi-unit dwellings within the Kingborough Municipality require each home to have its own 325m2 of land, so this property fits within the required density standards. First home buyers should be jumping at this rare, land-bank investment opportunity. If you're already set to go with the cash, rent out the property at approximately $460 per week during the council submission process to cover the holding costs whilst the decision is made whether to retain what's there, or create a blank slate to construct two stunning, sought-after, modern homes, both with a sunny aspect and beautiful water views. Privately located in a quiet cul-de-sac, this home sits within the highly-regarded Illawarra Primary School catchment and breathtaking Blackmans Bay Beach is an easy 600 metre walk, where you can stroll along the water's edge, swim, hike the Suncoast Track or enjoy the beachfront park and popular restaurants. An enviable lifestyle or a money maker, the choice is yours. This information is based on recent development activity in the area. Please contact council to confirm your own plans. Call today! • New kitchen • New decking • Enclosed wood heater • Open fireplace • Dishwasher • 2 x Garden sheds Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Features

4 bedrooms
1 bathroom
2 carspaces
145 m² floor area
727 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Blackmans Bay over the last 12 months, the estimated median property value of 12 Gourlay St is $978.25k.

Median value
$978.25k
Estimated value range
$400k - $1.68m
Median days on market
34
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Blackmans 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 12 Gourlay St

2019
Sold
$477,500
Private Sale/Treaty on 26 Nov 2019 by Nana Coburn, of First National Real Estate Kingston

Happy sellers in Blackmans Bay

82%
82% of sellers in Blackmans Bay reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 31 reviews in Blackmans Bay over the last 12 months.

Local market activity for 4 bedroom houses in Blackmans Bay

In the last 12 months, 25 four-bedroom houses similar to 12 Gourlay St, have been sold.

This represents a 20% increase in four-bedroom houses sales when compared to the previous 12 months.

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