Back 160 Risdon Road
Off Market

160 Risdon Road

Lutana TAS 7009

2
1
1
88 m²
857 m²
House
Natalie DowntonNatalie Downton, last sold this property on 08 September 2021 after 22 days on market.

Overview

RARE OPPORTUNITY – RENOVATE, DEVELOP (STCA) OR ENJOY THE LARGE YARD

The opportunity to find and develop existing property is becomingly increasingly rare. This property provides a sizeable parcel of land (857m2) with the original home positioned toward the front of the block. It is not only the potential to develop here but the chance to renovate and add to your portfolio or renovate, subdivide (STCA) profit and sell. The home is well loved and stands proudly in original condition. The floorplan provides 88m2 accommodation including spacious living, two bedrooms, family bathroom and good-sized kitchen/dining. It allows scope to upgrade, add your own touch over time and further increase value. This is an opportunity for an array of purchasers, it represents excellent value in today's market. It would be the ideal starter for the first homebuyer, great addition to a portfolio for investors, chance for the developer, or perfect for someone looking for a restoration project. Capitalise on the booming 7009 market before you miss out. Perfectly positioned with stunning water and mountain views and extreme privacy this home is sure to tick all the boxes. The property captures excellent sun, is framed beautifully by a low maintenance yard despite the size and is minutes to all transport, shopping, services and conveniences. The story of 160 Risdon Road will continue with the new owners to write a new, fresh and exciting chapter. Do not hesitate to make contact as this opportunity will not last. Text '160risdon' to 0416 907 822 for additional information Thinking of Selling? If you are curious to know the value of your home or are thinking of selling please contact your Number 1 Agent in Australia as awarded by the Real Estate Institute of Australia Nat Downton from Downton Property for your no obligation free market appraisal.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
88 m² floor area
857 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Lutana over the last 12 months, the estimated median property value of 160 Risdon Road is $531k.

Median value
$531k
Estimated value range
$400k - $620k
Median days on market
23
Estimated value trend
19%
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 160 Risdon Road

2021
Sold
Undisclosed
Private Sale/Treaty on 08 Sep 2021 by Natalie Downton, of Downton Property

Happy sellers in Lutana

94%
94% 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 18 reviews in Lutana over the last 12 months.

Local market activity for 2 bedroom houses in Lutana

In the last 12 months, 5 two-bedroom houses similar to 160 Risdon Road, have been sold.

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