Back 5/40 Second Avenue
Off Market

5/40 Second Avenue

West Moonah TAS 7009

1
1
1
42 m²
64 m²
Apartment
Last sold for $310,000
Patrick CopelandPatrick Copeland, last sold this property on 23 October 2025 after 132 days on market.

Overview

6% Return "Perfect Opportunity"

Nestled in the increasingly popular suburb of West Moonah, this delightful upstairs unit at 5/40 Second Avenue offers a brilliant opportunity for investors and first home buyers alike. Fresh from refurbishment, Flat 5 boasts an updated kitchen and bathroom, complemented by fresh paint and carpet. The light-filled bedroom, complete with double built-in wardrobes, presents river vistas, ensuring a tranquil retreat from the hustle and bustle. The separate lounge area exudes comfort and the updated kitchen, spacious enough to accommodate a cosy dining nook, invites intimate meals and relaxed gatherings. Convenience is paramount, with a combined laundry and bathroom facility, alongside a dedicated separate toilet. Shared among the quaint collective of five units, the communal yard is sure to be enjoyed, while the inclusion of one off-street parking space adds to the appeal. This property is not only move-in ready but is also a potentially lucrative addition to any investment portfolio. Currently rented at $380 per week until August 2025. Located a stone's throw from the centre of Moonah with its array of shops and services, and within easy commuting distance to the city, this unit is sure to captivate the discerning buyer. __________________________________________________________________________________________________________________________________________________________ Disclaimer: This information has been carefully compiled and is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. The author makes no claim as to the accuracy of the information within and does not intend it to be legally binding. All other responsibilities disclaimed. Information contained herein on specific properties has been provided by the vendor, the authorities, or third party providers. It is subject to the final contract and interested parties must make their own separate enquiries to verify and ensure accuracy of the information herein.

Features

1 bedroom
1 bathroom
1 carspace
42 m² floor area
64 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in West Moonah over the last 12 months, the estimated median property value of 5/40 Second Avenue is $319k.

Median value
$319k
Estimated value range
$310k - $330k
Median days on market
10
Estimated value trend
0%
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 5/40 Second Avenue

2025
Sold
$310,000
Private Sale/Treaty on 23 Oct 2025 by Patrick Copeland, of Nest Property - 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 1 bedroom apartments in West Moonah

In the last 12 months, 3 one-bedroom apartments similar to 5/40 Second Avenue, have been sold.

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