39-41 Second Avenue, West Moonah, TAS 7009 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Offers around $2,000,000

39-41 Second Avenue
West Moonah TAS 7009

Bedrooms: 9
Bathrooms: 6
Car spaces: 8
Floor area: 369m2
Land area: 1332m2
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Exceptional Investment Opportunity with Development Potential

Opportunities of this calibre are rarely offered to the market.
Positioned in a highly sought-after West Moonah location, this outstanding property comprises four fully renovated one-bedroom units plus a separate five-bedroom residence, creating an exceptional investment opportunity with multiple income streams and future development potential.
The spacious five-bedroom home enjoys its own fully fenced private yard, providing excellent separation from the units and appeal for owner-occupiers or tenants alike. Every dwelling within the complex has been tastefully renovated, allowing purchasers to benefit from a ready-made investment with no immediate work required.
Set on a substantial 1,332sqm parcel of land, the property boasts magnificent water and mountain views, ample off-street parking, and significant scope for future growth. Subject to Council approval (STCA), there is potential for further development of additional dwellings and the opportunity to strata title the existing residences, adding further value and flexibility.
Property Highlights:
• Four fully renovated one-bedroom units
• Separate fully renovated five-bedroom home
• Private, fully fenced yard for the main residence
• Stunning water and mountain views
• Large 1,332sqm allotment
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Property Details for 39-41 Second Ave, West Moonah

39-41 Second Ave, West Moonah is a 9 bedroom, 6 bathroom BlockOfUnits with 8 parking spaces and was built in 1975. The property has a land size of 1332m2 and floor size of 369m2. The place is currently for sale with Roberts Real Estate Glenorchy.

Building Type
BlockOfUnits
Year Built
1975
Floor Size
369m2
Land Size
1332m2
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About West Moonah 7009

The size of West Moonah is approximately 1.8 square kilometres. There are 9 parks, covering nearly 9.0% of the total area. The population of West Moonah in 2016 was 4012 people. By 2021 the population was 4522 showing a population growth of 12.7% in the area during that time. The predominant age group in West Moonah is 30-39 years. Households in West Moonah are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West Moonah work in a professional occupation.In 2021, 57.40% of the homes in West Moonah were owner-occupied compared with 60.60% in 2016.

West Moonah has 1,952 properties. Over the last 5 years, Houses in West Moonah have seen a 22.26% increase in median value, while Units have seen a 27.56% increase. As at 31 July 2026:

  • The median value for Houses in West Moonah is $751,892 while the median value for Units is $550,994.
  • Houses have a median rent of $620 while Units have a median rent of $460.
There are currently 7 properties listed for sale, and 4 properties listed for rent in West moonah on OnTheHouse. According to Cotality's data, 92 properties were sold in the past 12 months in West moonah.

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Paul Belcher
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Roberts Real Estate Glenorchy
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