Back 143 Davey Street
Off Market

143 Davey Street

Hobart TAS 7000

3
1
1
330 m²
House
Last sold for $365,000

Overview

UNDER OFFER - Affordable Passive Investment Opportunity

DAVEY STREET FREEHOLD PROPERTY MIX - HOBART CITY HOUSE & SHOP Terrific location within close proximity to a strong growth medical, commercial and educational precinct this affordable property mix provides solid growth potential. Consider this; • Davey Street frontage in prominent high volume traffic area the property comprises a leased food shop and an adjoining older-style 3 bedroom house currently vacant but previously rented on separate tenancy arrangements; • Originally built circa 1910 the shop has been updated while the house offers terrific potential for renovation or re-decoration for the purpose of re-letting to increase the rental level for passive income purposes; alternatively, live in the house and collect a rental income from the shop. • Solid Brick construction measuring approximately 118m2 with total land size approx 330m2; separate house and shop entries off Davey Street and low maintenance front and rear garden areas; • Planning Permit issued 2012 for change of use from office & shop to house and shop; explore the potential for this versatile property mix. • Situated 5 minutes from the Hobart CBD in a sought-after location. Inspection strictly by appointment only

Features

3 bedrooms
1 bathroom
1 carspace
330 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Hobart over the last 12 months, the estimated median property value of 143 Davey Street is $965k.

Median value
$965k
Estimated value range
$710k - $1.6m
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 Hobart. 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 143 Davey Street

2024
Rented
Undisclosed
Leased on 14 May 2024 by Raine & Horne Northern Suburbs
2015
Sold
$365,000
Private Sale/Treaty on 22 Dec 2015

Happy sellers in Hobart

62%
62% of sellers in Hobart reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 15 reviews in Hobart over the last 12 months.

Local market activity for 3 bedroom houses in Hobart

In the last 12 months, 6 three-bedroom houses similar to 143 Davey Street, have been sold.

This represents a 50% decrease in three-bedroom houses sales when compared to the previous 12 months.

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