29 Penna Road, Midway Point, Tas 7171

$424,000

House
Type
2
Bedrooms
1
Bathrooms
2
Parkings
542 m²
Area

Last updated on Saturday, June 13, 2026 ( See property details for 29 Penna Road, Midway Point, Tas 7171)

$424,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile renovation or rebuild project on a level 542 sqm block in a highly convenient Midway Point location, offering excellent potential for future value growth.

🏡 Property Highlights

  • Prime redevelopment or renovation opportunity in a well-established Midway Point location
  • Level 542 sqm allotment with clear potential for extension or rebuild (STCA)
  • Original weatherboard home in need of substantial refurbishment
  • Convenient proximity to local shops, schools, transport, and waterfront
  • Detached garage and additional shed providing versatile storage options
  • Strong growth area with high buyer demand and value-adding potential

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Shed
  • Home Office / Study
  • Ceiling Fans
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens

Midway Point is a highly sought-after suburb known for its convenient access to Hobart CBD and the airport. It offers a peaceful, established community with level land, local shops, schools, and waterfront views. The area continues to attract buyers seeking growth potential and a relaxed lifestyle, making it ideal for renovation or redevelopment projects.

What is the condition of the existing home and what renovations are needed?
The home is in original condition and requires substantial work throughout, including the exterior, kitchen, bathroom, and living spaces.
Is there scope to extend or rebuild the property?
Yes, there is potential to redesign, extend, or rebuild the property subject to STCA (Subject to Council Approval).
What are the key advantages of this location?
The property is close to local shops, schools, transport, and the waterfront, offering excellent convenience and lifestyle benefits.
Can I develop the property further?
Yes, the level land and zoning provide scope for redevelopment or a long-term renovation project.
What are the nearby amenities and services?
Nearby amenities include shops, schools, local services, and easy access to Hobart CBD and the airport.
Are there any planning restrictions or zoning regulations that could affect redevelopment plans? What are the potential costs involved in renovating or rebuilding the property? Are there any known issues with the property's structure, foundation, or services? Is there any history of flooding or bushfire risk in this area? Are there any easements, covenants, or other restrictions on the land?

29 Penna Road, Midway Point, Tas 7171 - More Details

$424,000

Type
House
Bedrooms
2
Bathrooms
1
Parkings
2
Area
542 m²
House Size
78 m²

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