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34 Oldham Avenue, New Town, Tas 7008-Image

34 Oldham Avenue, New Town, Tas 7008

$700,000

House

Type

Bedrooms

Bathrooms

Parkings

683 m²

Area

Last updated on Monday, June 15, 2026 ( See property details for 34 Oldham Avenue, New Town, Tas 7008)

$700,000

Jake Towns - Real Estate Agent - Petrusma Property

Jake Towns Director & Auctioneer

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AI Property Insight

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

A versatile weatherboard home on a spacious parcel in highly sought-after New Town, offering immediate income and exciting development potential (STCA).

🏡 Property Highlights

Development potential with existing DA permit and engineering plans for four townhouses
Prime New Town location close to Hobart CBD, shops, and schools
Currently tenanted until January 2027, providing immediate rental income
Generous 683 m² parcel with scope for extension or further development (STCA)
Solid weatherboard home with functional layout and natural light-filled living spaces
Excellent investment opportunity with high demand in a sought-after area

✨ Key Features

Open-Plan Living
Outdoor Area
Built-in Robes
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly
Garage / Secure Parking

Suburb and Property Insights of New Town, TAS 7008

New Town is a highly desirable suburb close to Hobart CBD, offering excellent access to shops, schools, and transport. Known for its strong demand and community vibe, it presents a prime opportunity for investors and developers alike. The area features a mix of historic homes and new developments, with significant growth potential. Its convenient location ensures a vibrant lifestyle with easy city access, making it an ideal place to invest or establish a family home.

Frequently Asked Questions

What are the development opportunities for this property?

The property has an existing DA permit and engineering drawings for four townhouses, providing a significant head start for development, subject to council approval and your requirements.

Is the property suitable for long-term land banking?

Yes, the generous parcel size and prime location make it an excellent option for long-term land banking, with potential for future development or subdivision (STCA).

What is the condition of the current home?

The weatherboard home is in good condition, with a functional layout, natural light-filled living spaces, and well-sized bedrooms, ready for immediate occupancy or renovation.

What are the rental details and income prospects?

Currently tenanted until January 2027, the property offers immediate rental income, with the current tenant maintaining the home to a high standard, making it a straightforward investment.

Are there any restrictions or approvals needed for development?

Development is subject to council approval and compliance with local planning regulations; the existing DA and engineering plans provide a strong foundation for your project.

What to ask about this property to agent?

Are there any hidden costs or upcoming council rate increases associated with this property? Has the property been inspected for structural issues or pest infestations? Are there any easements, zoning restrictions, or covenants that could affect development plans? Is the property located in a flood or bushfire-prone area? Are there any planned nearby construction or infrastructure projects that could impact the property’s value or livability? What are the strata or body corporate considerations, if applicable? Are there any existing or potential planning restrictions that could limit development or renovation options? What are the terms of the current tenancy, and are there any conditions that could change before settlement?

34 Oldham Avenue, New Town, Tas 7008 - More Details

$700,000

Type: House
Bedrooms: 2
Bathrooms: 1
Parkings: 2
Area: 683 m²
House Size: 93 m²

Interactive Property Floorplan - 34 Oldham Avenue, New Town, Tas 7008

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34 Oldham Avenue, New Town, Tas 7008 - Point Of Interest

Locate Near By Places of 34 Oldham Avenue, New Town, Tas 7008 On Map

Your Commute at a Glance: 34 Oldham Avenue, New Town, Tas 7008

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34 Oldham Avenue, New Town, Tas 7008

$700,000

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