1-2 Rundle RoadStony Rise TAS 7310
Property Details for 1-2 Rundle Rd, Stony Rise
Last Listing description (September 2016)
AN OPPORTUNITY OF SIGNIFICANT SUBSTANCE
The property is for sale by Formal Expressions of Interest closing 24th June 2016
Stony Rise complex is located on the South Western fringe of Devonport and is an opportunity of significant substance both in quality of improvements and quality of the lease covenant. Offering the following key features:
- Five main buildings providing offices, workshops and two residences
- Over 2,500m of usable floor space
- Blue Chip Tenant The State Government
- Long term lease to July 2030
- Current rent $355,000 pa with the tenant paying all normal outgoings
Please Contact Mark Devine at L J Hooker Commercial Hobart or Adam Luck at L J Hooker Burnie
Property History for 1-2 Rundle Rd, Stony Rise, TAS 7310
- 14 Jul 2016Sold for $3,603,000
- 24 May 2016Listed for Sale Formal Expressions of Interest
Recent sales nearby
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0About Stony Rise 7310
The size of Stony Rise is approximately 3.1 square kilometres. It has 2 parks covering nearly 34.4% of total area. The population of Stony Rise in 2016 was 643 people. By 2021 the population was 728 showing a population growth of 13.2% in the area during that time. The predominant age group in Stony Rise is 30-39 years. Households in Stony Rise are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Stony Rise work in a community and personal service occupation.In 2021, 85.10% of the homes in Stony Rise were owner-occupied compared with 80.20% in 2016.
Stony Rise has 457 properties. Over the last 5 years, Houses in Stony Rise have seen a 55.48% increase in median value, while Units have seen a 49.54% increase. As at 30 April 2026:
- The median value for Houses in Stony Rise is $740,621 while the median value for Units is $575,985.
- Houses have a median rent of $540.
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