361 Tolosa Street, Glenorchy, TAS 7010 | Property Value & History | OnTheHouse
OFF MARKET

361 Tolosa Street
Glenorchy TAS 7010

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 522m2
Land area: 195000m2
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Property Details for 361 Tolosa St, Glenorchy

Building Type
Commercial
Floor Size
522m2
Land Size
195000m2
Local Government
Glenorchy
Lot/Plan
1/199073

Last Listing description (May 2022)

Knight frank is pleased to offer to the market a significant operational quarry with plenty of upside.

361 Tolosa Street, Glenorchy comprises a 19.5 ha* quarry situated next to Tolosa Street Park, on the fringe of Hobart's outer suburbs. The quarry is zoned Landscape Conservation and has a 35,000 cubic meter extraction limit. The majority of limestone and bluestone materials extracted are used for walling stone, path mix soil, crushed landscaping stone and general-purpose fill. A 560 sqm* workshop and office space compliments the property.


The quarry has a valid lease and approved licence to operate from the Department of Environment and Land Management.

It provides the purchaser an opportunity to owner-operate a business or generate reasonable holding income as a sale and leaseback arrangement would be considered. Suitable operations could include but are not limited to landscaping and gardening supplies, earth removal, workshop and yard storage (STCA).

For Sale by Expressions of Interest closing 28 April 2022 at 4:00pm AEST

*Approx

Property History for 361 Tolosa St, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$1,280,000
05 May 2022
  • 05 May 2022
    Sold for $1,280,000
  • 30 Mar 2022
    Listed for Sale Contact Agent
  • 01 Dec 2011
    Listed for Sale Not Disclosed
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About Glenorchy 7010

The size of Glenorchy is approximately 10.4 square kilometres. There are 19 parks, covering nearly 16.6% of the total area. The population of Glenorchy in 2016 was 10828 people. By 2021 the population was 12013 showing a population growth of 10.9% in the area during that time. The predominant age group in Glenorchy is 30-39 years. Households in Glenorchy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenorchy work in a community and personal service occupation.In 2021, 52.50% of the homes in Glenorchy were owner-occupied compared with 54.60% in 2016.

Glenorchy has 5,661 properties. Over the last 5 years, Houses in Glenorchy have seen a 37.16% increase in median value, while Units have seen a 23.64% increase. As at 30 June 2026:

  • The median value for Houses in Glenorchy is $680,354 while the median value for Units is $488,545.
  • Houses have a median rent of $585 while Units have a median rent of $475.
There are currently 25 properties listed for sale, and 14 properties listed for rent in Glenorchy on OnTheHouse. According to Cotality's data, 259 properties were sold in the past 12 months in Glenorchy.

Suburb Insights for Glenorchy 7010

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.