33/74 Sugarloaf RoadRisdon Vale TAS 7016
Property Details for 33/74 Sugarloaf Rd, Risdon Vale
33/74 Sugarloaf Rd, Risdon Vale is a 0 bedroom, 0 bathroom House. The property has a land size of 4935m2.
Last Listing description (November 2024)
Discover an exceptional development opportunity at Lots 28 to 33 - 74 Sugarloaf Road, Risdon Vale, with approval granted by the Clarence City Council for 15 stylish units. These units feature three distinct design types, ensuring a variety of appealing options for prospective buyers. Each unit offers two spacious bedrooms, two modern bathrooms, and secure garage parking, catering to contemporary living needs. Additionally, select units include a second living space, providing the flexibility to create a third bedroom or home office, enhancing the property's versatility.
The sale is inclusive of all plans and approvals acquired to date, streamlining the development process and reducing initial overhead costs. This project offers an outstanding investment opportunity for developers, promising excellent returns and significant potential for profit. With the current demand for quality housing in the area, there is a substantial opportunity for developers to achieve impressive margins by developing and selling these units. This development promises to be a valuable addition to any property portfolio, providing both immediate and long-term financial benefits. Take advantage of this prime real estate opportunity and realize the full profit potential of this strategically approved project.
Property History for 33/74 Sugarloaf Rd, Risdon Vale, TAS 7016
- 22 Oct 2024Listed for Sale Offers Over $1.45M
- 31 May 2024Listed for Sale Offers Over $1.45M
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About Risdon Vale 7016
The size of Risdon Vale is approximately 14.5 square kilometres. It has 14 parks covering nearly 12.9% of total area. The population of Risdon Vale in 2016 was 2872 people. By 2021 the population was 3171 showing a population growth of 10.4% in the area during that time. The predominant age group in Risdon Vale is 30-39 years. Households in Risdon Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Risdon Vale work in a labourer occupation.In 2021, 63.50% of the homes in Risdon Vale were owner-occupied compared with 64.00% in 2016.
Risdon Vale has 1,417 properties. Over the last 5 years, Houses in Risdon Vale have seen a 43.67% increase in median value, while Units have seen a 26.52% increase. As at 30 April 2026:
- The median value for Houses in Risdon Vale is $542,850 while the median value for Units is $528,833.
- Houses have a median rent of $500.
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