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8 Merriwa Street
berriedale
TAS, 7011

SOLD

Sold for $750,000

listing rooms 3
listing bathrooms 2
listing parking 6
Property: 183 sqm Land: 4181 sqm

Outstanding Development Potential

Set on approximately 4100sq mtrs of prime residential land in the heart of Berriedale this property potentially represents one of the most outstanding development sites available in Hobart's Northern Suburbs today. Positioned to capture all day sun and enjoy some of the most spectacular views over MONA, The Derwent River, and Mount Direction this opportunity can't be missed.
The property has two street frontages which simplifies the development process allowing the property to be cut into two substantial lots (STCA).At the Merriwa Street frontage lies an impressively spacious (183sq mtr)3 bedroom home which has excellent street appeal and is well positioned to take advantage of the setting and outlook. Consisting of large lounge,formal dining, generous kitchen with adjoining family meals area,3 double bedrooms (main with ensuite and all with built in robes),bathroom, toilet and laundry. Downstairs is a double garage with internal access and study nook while outside are several small decks and a spacious undercover outdoor entertaining area. This home will be popular in todays market.
An astute developer will acknowledge that this property has unlimited potential. It also provides the prospective owner with an opportunity to not only attain a large parcel of residential land for development but also the ability to receive investment income from day 1
8 Merriwa street represents a unique opportunity to acquire property which is not ordinarily available and presents such great potential.

• Approx. 4181sq mtr of quality developable land. (STCA)
• Panoramic views over MONA, The Derwent and Surrounds.
• Existing Spacious 183sq mtr 3 bed home.
• Sunny aspect popular location
• Two street frontages

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Nearby Schools

About berriedale

median house price

595000

median house rent

497

suburb rental yield

4.3%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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