1/4 Riverway Rd, Montrose is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 93m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
A very appealing ground floor unit, in a group of four which are professionally managed and beautifully maintained. Set back off the road, this unit would be perfect for those considering downsizing or for those starting out on their real estate journey, with an opportunity to secure a quality property in an outstanding location.
This unit consists of two spacious bedrooms, both with large built-in robes. The bright open plan living area has a recently installed heat pump and is kept sunny and comfortable with the large windows letting in plenty of light right through to the dining area which is adjacent to the sunny, kitchen which has plenty of cupboard space.
The combined bathroom and laundry is neat and tidy. It also has a separate toilet for added convenience.
This unit is neat as a pin, impeccably maintained and you are sure to be impressed by the super convenient position, within a short walk to all the conveniences of the Glenorchy shopping precinct, Intercity cycle way metres away and easy walk to Montrose waterfront reserve.
Currently leased until September 2023 at a rental of $390 per week.
Your early inspection is recommended, contact Gary now on 0412 522 964 for more details.
The size of Montrose is approximately 2.9 square kilometres. It has 6 parks covering nearly 2.2% of total area. The population of Montrose in 2016 was 2152 people. By 2021 the population was 2313 showing a population growth of 7.5% in the area during that time. The predominant age group in Montrose is 30-39 years. Households in Montrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Montrose work in a community and personal service occupation.In 2021, 68.60% of the homes in Montrose were owner-occupied compared with 70.80% in 2016.
Montrose has 1,111 properties. Over the last 5 years, Houses in Montrose have seen a 41.79% increase in median value, while Units have seen a 33.24% increase. As at 31 January 2026:
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