1/69 Giblin StreetLenah Valley TAS 7008
Property Details for 1/69 Giblin St, Lenah Valley
1/69 Giblin St, Lenah Valley is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1914. The property has a land size of 188m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (July 2024)
This is an opportunity not to be missed! Properties like this are rare and do not present to the market very often so do not delay making an inspection today!
Right in the heart of Lenah Valley is three units under the one construction/title. Unit A - $380/week, Unit B - $450/week and Unit C - $370/week. Yes, that is correct - a total of $1200/week return! Each unit has separate electrical metres. Rates are $2400 and water is $1000/year approx. plus usage.
Where are you at with your investment portfolio? With the rental demand being so high in Hobart and these units being in an affordable price range for many, you would highly likely keep them continually occupied.
Or another alternative, convert this property into the original family residence (STCA).
You could not possibly go wrong with this property - great and central location (only a few minutes from the Hobart CBD), walking distance to the Lenah Valley hub, Calvary Hospital and a bus route to town.
Please get in touch today for a private inspection.
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Property History for 1/69 Giblin St, Lenah Valley, TAS 7008
- 02 Jul 2024Listed for Sale Contact Agent
- 28 Feb 2023Listed for Sale Contact Agent
- 31 Oct 2018Listed for Sale Expressions of interest
Recent sales nearby
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About Lenah Valley 7008
The size of Lenah Valley is approximately 8.4 square kilometres. There are 10 parks, covering nearly 3.3% of the total area. The population of Lenah Valley in 2016 was 5940 people. By 2021 the population was 6522 showing a population growth of 9.8% in the area during that time. The predominant age group in Lenah Valley is 30-39 years. Households in Lenah Valley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lenah Valley work in a professional occupation.In 2021, 72.50% of the homes in Lenah Valley were owner-occupied compared with 74.00% in 2016.
Lenah Valley has 3,126 properties. Over the last 5 years, Houses in Lenah Valley have seen a 17.21% increase in median value, while Units have seen a 13.53% increase. As at 30 April 2026:
- The median value for Houses in Lenah Valley is $828,997 while the median value for Units is $538,505.
- Houses have a median rent of $650 while Units have a median rent of $523.
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