Back 288 Hobart Road
Off Market

288 Hobart Road

Youngtown TAS 7249

3
2
4
300 m²
938 m²
House
Thomas BairdThomas Baird, last sold this property on 09 June 2021 after 216 days on market.

Overview

Perfect investment or private palace

Located conveniently on the main street of Youngtown, this property is a fantastic investment opportunity. Commercially zoned with the ability to host two tenants, with anticipated combined returns in excess of 6%, or alternatively the perfect 3 bedroom, 2 bathroom home and perhaps Launceston's best and most functional shed and work space to come to the market in 2020. The residence is private and off the street benefiting from plenty of parking. The 3 bedrooms are generously sized and with the main bedroom separated for the comfort and privacy of the occupants. The living spaces are functionally arranged to allow for flexible living and multiple zones. They further enjoy access to great Northern light that wrap around to the covered patio opening off the kitchen. The property sits on a 938m2 piece of land, with the shed positioned forward of the house and fronting the street. The shed is suitable for many forms of trade, or even has the ability to host some sales businesses without seeking further council approval. The convenience of a third toilet and separate office within the workshop embodies the flexibility of the site, with electricity separately metered and dedicated parking spaces. Historically it has been a great base between life on the road with enough space to house motorhomes, caravans and other vehicles simultaneously. This property may be a suitable contended, for separating the tenancies into two strata titled properties, subject to approvals. We recommend contacting us to arrange an inspection. All offers will be considered upon receipt.

Features

3 bedrooms
2 bathrooms
4 carspaces
4 garage spaces
300 m² floor area
938 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Youngtown over the last 12 months, the estimated median property value of 288 Hobart Road is $662.5k.

Median value
$662.5k
Estimated value range
$470k - $840k
Median days on market
15
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Youngtown. 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 288 Hobart Road

2023
Rented
Undisclosed
Leased on 23 Aug 2023 by Harcourts Launceston
2022
Rented
Undisclosed
Leased on 28 Jun 2022 by One Agency Launceston
2021
Sold
Undisclosed
09 Jun 2021 by Thomas Baird, of Living Here Launceston

Happy sellers in Youngtown

93%
93% of sellers in Youngtown reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 3 bedroom houses in Youngtown

In the last 12 months, 45 three-bedroom houses similar to 288 Hobart Road, have been sold.

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

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