Back 50 Maroni Rd
Off Market

50 Maroni Rd

Berriedale TAS 7011

4
4
0 m²
0 m²
House
Last sold for $580,000
Simon ParsonsSimon Parsons, last sold this property on 08 August 2019 after 44 days on market.

Overview

Gross rental return of 8%

This property is unique and represents a phenomenal investment opportunity. On the one title but holding four individual units within, you won't need to worry about body corporate fee's or manage multiple rates notices. Set in the sought after suburb of Berriedale, a short 3 minute drive to Claremont Village shopping complex or MONA, a stones throw to the bike track and only an 8 minute drive to Glenorchy this property is in a fantastic location for anyone looking to invest. All of the four units have current leases in place with good tenants and each unit has their own power meter. Unit 1 current lease expires 09/10/19 Unit 2 current lease expires 08/02/20 Unit 3 current lease expires 04/08/19 Unit 4 current lease expires 03/07/20 Total rental income per week for this property is $805 (changing to $825 in August 2019) Rates last financial year were $2695.62 Properties with returns like this very rarely get to market without being snapped up. You need to be very quick to pick up properties like this one.

Features

4 bedrooms
4 bathrooms
0 m² floor area
0 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Berriedale over the last 12 months, the estimated median property value of 50 Maroni Rd is $755k.

Median value
$755k
Estimated value range
$470k - $847k
Median days on market
49
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Berriedale. 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 50 Maroni Rd

2019
Sold
$580,000
Private Sale/Treaty on 08 Aug 2019 by Simon Parsons, of LJ Hooker Pinnacle Property

Happy sellers in Berriedale

95%
95% of sellers in Berriedale reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 11 reviews in Berriedale over the last 12 months.

Local market activity for 4 bedroom houses in Berriedale

In the last 12 months, 7 four-bedroom houses similar to 50 Maroni Rd, have been sold.

This represents a 15% increase in four-bedroom houses sales when compared to the previous 12 months.

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