88 Ashbolt CrescentLutana TAS 7009
Property Details for 88 Ashbolt Cres, Lutana
88 Ashbolt Cres, Lutana is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1953. The property has a land size of 550m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 3 bedroom House sold in Lutana in the last 12 months.
Last Listing description (January 2026)
Ready for transformation, this elevated Lutana home offers water views, land, and genuine upside a rare blank canvas in one of Hobart's most tightly held inner suburbs and desirable streets. 88 Ashbolt Crescent is a rare opportunity to secure a project-ready home in an outstanding location, with water views, land, and long-term upside firmly on its side.
Purposefully stripped back and presented in its raw, honest form, the home has been prepared for buyers who want clarity not cosmetic cover-ups. Carpets, window furnishings and dated finishes have been removed to reveal a clean slate, allowing the structure, layout and outlook to take centre stage. The result is a property that invites imagination and rewards vision.
Built in 1953 and set on a 557 m General Residential allotment, the home enjoys an elevated position with outlooks across the Derwent River and over the nearby golf course a rare combination that adds both lifestyle appeal and future value. This quiet pocket of Lutana is tightly held, prized for its outlook, established streetscape, and proximity to Moonah, quality schools and the Hobart CBD, which is less than ten minutes away.
The existing footprint offers approximately 116 m of internal living, comprising three bedrooms, central bathroom and practical living spaces. The fundamentals are solid, providing an excellent foundation for renovation, reconfiguration or extension (STCA). Whether the vision is to modernise and re-lease, create a contemporary family home, or design a long-term owner-occupied residence, the upside here is clear and achievable.
Homes offered in this condition stripped back, well located, and genuinely ready for transformation are increasingly hard to find. For first-home buyers looking to add value over time, renovators seeking their next rewarding project, or investors searching for a well-positioned asset with growth potential, this is an opportunity that stands apart from the usual needs work listings.
What sets 88 Ashbolt Crescent apart is not what has been done but what is possible. A clean canvas, a premium outlook, and a suburb that continues to outperform...
A building inspection report is available for purchase from Peter Genders - peter@fbitas.com.au.
Heating: Reverse Cycle Air conditioner
Year built: 1953
Council rates: $1950 pa approx.
Fixed water rates: $1000 pa approx.
Rental estimate: per week $ $550.00 to $595.00 (subject to maintenance being completed and tenant ready).
Property History for 88 Ashbolt Cres, Lutana, TAS 7009
- 25 Jan 2026Listed for Sale Offers Over $480,000
- 20 Jan 2026Sold for $525,000
- 22 Aug 2009Listed for Rent - Price not available
Recent sales nearby
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0About Lutana 7009
The size of Lutana is approximately 2.1 square kilometres. There are 4 parks, covering nearly 9.3% of the 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 33.91% increase in median value, while Units have seen a 28.38% increase. As at 31 May 2026:
- The median value for Houses in Lutana is $692,809 while the median value for Units is $531,656.
- Houses have a median rent of $600 while Units have a median rent of $450.
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