3131 South Arm RoadSouth Arm TAS 7022
Property Details for 3131 South Arm Rd, South Arm
3131 South Arm Rd, South Arm is a 8 bedroom, 3 bathroom Unit with 7 parking spaces and was built in 2017. The property has a land size of 1138m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
Last Listing description (January 2025)
Situated on one title, this six year old triplex contains three exceptionally well constructed units that are currently delivering great rental yields and will no doubt continue to provide excellent capital growth for years to come.
This modern triplex was built in 2017 by the current owner and was designed with long-term tenants in mind. It is beautifully presented with double height bricks, a landscaped front yard, and plenty of off street visitor parking.
Located at the entrance to South Arm, there is a Metro bus stop right out the front. The beach, community centre, skate park and the local primary school are all within three minutes walk. There is a caf?, pharmacy, hair salon and wellness gym located across the road. A general store, post shop and petrol service is located a couple of doors down, and the RSL community club is two minutes drive away. Hobart CBD is 35 minutes drive away, passing by a number of large shopping centres along the way.
All the units contain ample-sized bedrooms with built-in wardrobes, and the bathrooms have bathtubs and separate showers. The units have open-plan kitchen and dining areas, with floating timber floors and electric appliances. Neutral tones throughout provide a blank canvas for tenants to feel at home. Each of the units are light filled with all day sun, and have fully-fenced yards with garden sheds and wall mounted washing lines.
There are fire walls between each unit, fly screens on the windows and rear doors, remote controlled garages, separate electricity metres and individual water tanks. Each unit is maximally energy efficient with double glazing and wall and ceiling insulation. Heated and cooled by reverse cycle systems, tenants are guaranteed optimal comfort and energy efficiency all year round.
Whether you choose to live in one unit and rent out the other two, purchase under a SMSF, purchase to home your extended family, or purchase as a long term investment, this triplex will help set you up for retirement.
With fantastic street appeal and located in the beautiful beachside suburb of South Arm, this is a rare opportunity to purchase a great, low maintenance investment property, that is popular with tenants, resulting in a stable source of income for years to come.
Property History for 3131 South Arm Rd, South Arm, TAS 7022
- 16 Jan 2024Sold for $1,200,000
- 21 Oct 2023Listed for Sale Offers Over $1,200,000
- 21 Jul 2017Listed for Rent - Price not available
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About South Arm 7022
The size of South Arm is approximately 9.2 square kilometres. There are 5 parks, covering nearly 4.0% of the total area. The population of South Arm in 2016 was 880 people. By 2021 the population was 963 showing a population growth of 9.4% in the area during that time. The predominant age group in South Arm is 60-69 years. Households in South Arm are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Arm work in a professional occupation.In 2021, 86.20% of the homes in South Arm were owner-occupied compared with 81.20% in 2016.
South Arm has 577 properties. Over the last 5 years, Houses in South Arm have seen a 36.37% increase in median value. As at 31 July 2026:
- The median value for Houses in South Arm is $880,184 while the median value for Units is $859,548.
- Houses have a median rent of $540.
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