Back Unit 5/86 Cherry Road
Off Market

Unit 5/86 Cherry Road

Trevallyn TAS 7250

3
1
1
95 m²
607 m²
Unit
Rae SmithRae Smith, last sold this property on 12 June 2025 after 38 days on market.

Overview

Neat as a Pin in Trevallyn

Discreetly located in the ‘Lloyd’s Close’ complex, this impressive three-bedroom unit is only a short drive to the Launceston CBD plus both Trevallyn and Riverside shopping precincts. The land size here is considerable, while the dwelling itself is low maintenance with excellent further upgrade potential. Built in 1999 this property has genuine structural integrity and a ‘Pre-Sale Building Inspection Report’ has already been completed for buyer convenience. The floorplan here is highly practical, with quality inclusions such as fresh paint, floor coverings, light fittings and other fixtures throughout. Every room has a high level of comfort due to quality carpet under foot and all-day sun streaming through the large windows. The spacious lounge has the recent addition of a brand-new reverse cycle split system and this area flows around to an open plan dining space and kitchen alcove. The original kitchen remains highly functional, while also presenting a perfect ‘first time’ renovation project to the next occupants. The three double bedrooms are unexpectedly spacious and all offer floor to ceiling built-ins. The centrally located bathroom has both a bath and a shower, and there is the added convenience of a separate toilet and good size laundry. Out a sliding door the expansive yard has space to potentially build a large shed/ extra garaging (STCA) or aim to become more self-sufficient by growing a substantial vegetable garden and planting lots of fruit trees. The backyard is fully fenced, allowing for children and pets to play safely, and there is also a small garden shed providing extra storage. 5/86 Cherry Road is a very rare find in this price bracket so give Rae a call today on 0455 445 300 to find out more. Annual Taswater Rates $1,278.16 + usage Annual West Tamar Council Rate $1,722.36 Annual Strata Levies - $1,024.00 Rental Appraisal (Property Wise, Launceston) - $480.00-$510.00 per week Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided. Property Code: 584

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
95 m² floor area
607 m² lot size
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Trevallyn over the last 12 months, the estimated median property value of Unit 5/86 Cherry Road is $555k.

Median value
$555k
Estimated value range
$470.5k - $900k
Median days on market
21
Estimated value trend
-27%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Trevallyn. 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 Unit 5/86 Cherry Road

2025
Sold
Undisclosed
Private Sale/Treaty on 12 Jun 2025 by Rae Smith, of Flanagan Residential

Happy sellers in Trevallyn

84%
84% of sellers in Trevallyn reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 47 reviews in Trevallyn over the last 12 months.

Local market activity for 3 bedroom units in Trevallyn

In the last 12 months, 4 three-bedroom units similar to Unit 5/86 Cherry Road, have been sold.

This represents a 400% decrease in three-bedroom units sales when compared to the previous 12 months.

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