132-138 Allunga RoadChigwell TAS 7011
Property Details for 132-138 Allunga Rd, Chigwell
132-138 Allunga Rd, Chigwell is a 8 bedroom, 14 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 2663m2 and floor size of 451m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 8 bedroom Unit sold in Chigwell in the last 12 months.
Last Listing description (April 2025)
Unlock an extraordinary and rare investment with this block of 8 units which could easily be converted to 14 units with renovation - each offering further equity potential and opportunities to maximise market value returns. The property also features initial plans to subdivide an additional building block for a further two dwellings (STCA)
Property Highlights:
Location: Just 12km from Hobart CBD, near major shopping centers, services, and a bus stop at the front door.
Income: Earning $2,170 per week, totalling $112,840 annually - that's over a 6.5% yield with immediate scope to improve!
Property: 6 x 1 Bed 2 Bath Units: Featuring open-plan kitchen, dining and lounge, separate large bedroom with ensuite plus a second bathroom.
2 x 1 Bed 1 Bath Units: Utilised as bedsits with combined lounge, bedroom ensuite and separate kitchen.
Amenities: Communal clotheslines and ample allocated off street parking.
Land: Spans 2663sqm, providing expansive development potential. Initial plans for subdivision resulting in an additional building block of approximately 763m2 ripe for two dwellings. (STCA)
Investment Potential: Fully tenanted, ensuring immediate income.
Opportunities: Increase rental yields through renovations or creative strategies.
Ideal for superannuation fund investment, promising steady returns and capital growth.
Key Details:
Six (6) 1-bedroom / 2 bathroom units
Two (2) 1 bedroom / 1 bathroom
Annual Rental Income: $112,840 (approx.)
Proximity to Hobart and iconic attractions like the Mona Museum.
Seize this outstanding chance to bolster your investment portfolio with a property strategically positioned for continuous growth and attractive returns.
Property History for 132-138 Allunga Rd, Chigwell, TAS 7011
- 23 Jan 2025Sold for $1,710,000
- 13 Jan 2025Listed for Sale Offers Over $1.78 million
- 27 Jun 2024Listed for Sale Offers Over $1.78 million
Recent sales nearby
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0About Chigwell 7011
The size of Chigwell is approximately 3.0 square kilometres. It has 5 parks covering nearly 7.2% of total area. The population of Chigwell in 2016 was 2002 people. By 2021 the population was 2050 showing a population growth of 2.4% in the area during that time. The predominant age group in Chigwell is 30-39 years. Households in Chigwell are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chigwell work in a trades occupation.In 2021, 60.00% of the homes in Chigwell were owner-occupied compared with 61.70% in 2016.
Chigwell has 897 properties. Over the last 5 years, Houses in Chigwell have seen a 38.80% increase in median value, while Units have seen a 66.01% increase. As at 31 October 2025:
- The median value for Houses in Chigwell is $535,125 while the median value for Units is $492,798.
- Houses have a median rent of $530.
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