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115 Montrose Road, Montrose$520,000
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115 Montrose Road

Montrose, TAS 7010, Australia
$520,000
4612 m²

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About this property

Tucked into one of Montrose's most established residential pockets and sweeping across an expansive 4,612 square metres, this is a parcel of land that rewards the imagination. Elevated above the Derwent and framed by the soft contours of Kunanyi / Mt Wellington in the distance, the land captures the kind of outlook that defines Hobart's northern hillsides - wide, open and unmistakably Tasmanian. The position is genuinely compelling. Just five minutes from Glenorchy's CBD, with shopping, dining, schools and the public bus route all within easy reach, this is a holding that balances the seclusion of an elevated bushland setting with the convenience of suburban infrastructure on the doorstep. All major services are readily accessible at the boundary, removing many of the early-stage hurdles that often complicate raw land acquisition. For developers, the opportunity here is well-defined. Previously approved for subdivision into a minimum of four blocks, the site arrives with a meaningful head start - a clear feasibility framework already established and the heavy lifting of preliminary planning behind you. The generous land area and dual aspect lend themselves to a thoughtful subdivision layout, with each future allotment positioned to capture the elevated outlook and northerly light that make this part of Montrose so sought after. Equally, for those drawn to the idea of building a single substantial residence, the canvas is extraordinary. A footprint of this scale within the greater Hobart region is increasingly uncommon and the natural slope of the land invites a considered architectural response - split-level living, terraced gardens, room for a workshop or studio, perhaps even a second dwelling (eg; granny or unit) subject to council approval. The native vegetation, mature gums and gentle gradient lend the site an immediate sense of character that's difficult to manufacture. Whether the vision is a multi-lot subdivision delivering strong returns in a tightly held suburb, or a private family retreat with views that stretch to the river and beyond, 115 Montrose offers the rare combination of scale, position and groundwork already laid. Land of this calibre, in a location this connected, doesn't present itself often. Thinking of Selling: Recognised as the Number 1 Agent in Australia on four occasions, with over 18 years of experience, Natalie is one of Tasmania's most accomplished and trusted real estate professionals. When it comes to selling your home, why settle for anyone else? Let Natalie's expertise and proven results work for you.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
4612 m²
Listed
2 months ago

Repayment calculator

$2,521/month
$1,260 /fortnight
Loan $416,000 at 6.10% over 30 years

Upfront costs

Deposit$104,000
Stamp duty$19,098
Conveyancing (est.)$2,000
Total upfront$125,098
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Montrose

This land in Montrose, TAS 7010 sits within reach of public transport, local shops local amenities. It is listed 2% below the $530,000 median of 50 comparable landswithin 5 km.

What's nearby

  • Katoomba Cres Stop 31 In (bus)1.0 km away
  • MSY Technology914 m away
  • Unnamed378 m away
  • Montrose Road Park600 m away
  • Unnamed850 m away

Montrose at a glance

Full suburb profile
Population
2,313
Median age
39
Household income
$1,390/wk
Median rent
$343/wk
Median mortgage
$1,349/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Montrose price trend

Median sold · House 3 bed

Compound growth +0.5% / yr over 4 yrs

$652kcurrent median

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Price history

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1 price change recorded for this property

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