73 + 73a Bowen Rd, Lutana, TAS 7009 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Offers Over $945,000

73 + 73a Bowen Road
Lutana TAS 7009

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Floor area: 230m2
Land area: 738m2
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Two homes on one title | Impressive rental investments

Positioned just 7 minutes from Hobart's CBD, this unique Lutana property presents a rare opportunity to secure two renovated homes on a single title in a rapidly growing suburb.
Set on a generous block, both dwellings are fully self-contained, offering the ultimate in flexible living or a powerful investment option. Both homes are currently tenanted, providing a steady rental income, with combined rental appraisals indicating a potential income of approximately $1,125 per week. This provides strong returns for investors or additional support for owner-occupiers.
Each home has been updated to offer comfortable, low-maintenance living. The rear home features a private deck, ideal for outdoor relaxation, and both properties boast secure, fully fenced yards with ample off-street parking.
With the potential to strata-title the homes (STCA), this property holds significant longer-term development appeal. Whether you choose to rent both, live in one and lease the other, or explore separating them, the versatility on offer will suit a wide range of buyers.
Conveniently located close to schools, services, and local shops, and with easy access to the city and northern suburbs, this is a well-positioned and truly versatile opportunity in one of Greater Hobart's fastest-growing areas.
Contact Harry Lambrakis today for more information or to arrange your inspection.

Property Details for 73 + 73a Bowen Rd, Lutana

73 + 73a Bowen Rd, Lutana is a 6 bedroom, 2 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 738m2 and floor size of 230m2. The place is currently for sale with Ray White Hobart.

Building Type
BlockOfUnits
Floor Size
230m2
Land Size
738m2
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About Lutana 7009

The size of Lutana is approximately 2.1 square kilometres. It has 4 parks covering nearly 9.3% of total area. The population of Lutana in 2016 was 2353 people. By 2021 the population was 2616 showing a population growth of 11.2% in the area during that time. The predominant age group in Lutana is 30-39 years. Households in Lutana are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lutana work in a professional occupation.In 2021, 61.80% of the homes in Lutana were owner-occupied compared with 62.60% in 2016.

Lutana has 1,244 properties. Over the last 5 years, Houses in Lutana have seen a 39.09% increase in median value, while Units have seen a 40.06% increase. As at 30 November 2025:

  • The median value for Houses in Lutana is $629,567 while the median value for Units is $516,026.
  • Houses have a median rent of $560 while Units have a median rent of $455.
There are currently 4 properties listed for sale, and 1 property listed for rent in Lutana on OnTheHouse. According to Cotality's data, 63 properties were sold in the past 12 months in Lutana.

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Harry Lambrakis
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Ray White Hobart
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