22 Penna Road, Midway Point TAS 7171

Just a short scenic drive over the glistening water ways to Midway Point, lies this substantial 908 sqm residential zoned allotment, the opportune location for a strata title development (STCA) or project for a savvy home buyer to capitalise on this large block in a growing and ever popular location.

With direct access via Penna Road, and benefitting from no registered easements, this property features a 3 bedroom, 1 bathroom home with large lounge room and kitchen, as well as an existing one bedroom ancillary dwelling measuring 38 sqm, that is equipped with power and water and could be utilized as additional accommodation, a studio space, workshop or demolished to enable potential development.
- 908 sqm allotment with General Residential zoning
- Strata unit development opportunity for multiple dwellings (STCA)
- No registered easements
- Potential rental return of $440 - $490 per week approx.
- Existing 3 bedroom, 1 bathroom home
- Ancillary dwelling, studio or workshop space
- Lock up garage
- Connected NBN
- Close to local services, schools and water ways
- 5 minute drive to Sorell and under 30 minute drive to Hobart CBD

Construction: Weatherboard
Roof: Iron
Annual Council Rates: $1,400 approx.
Annual Water Rates: $1,600 approx.

Get to know Midway Point
Midway Point has so much to offer, whether you are the adventurous type searching for nearby walking tracks, pristine water ways for the avid fisherman or the golf enthusiast looking to enjoy nearby Pittwater Golf Club. Sorell shopping centre is just a five minute drive and offers plenty of services from banks, medical centres, post office, Telstra shop and Service Tasmania.
For a day out, you are only a short drive to the ever-popular Coal River Valley and Richmond Village where you can sit back and enjoy local food, wine and stunning scenery.