Midway Point

29 Penna Road

House
Sold 20th April 2026 for $424,000
2
1
2

Renovate or Rebuild Opportunity

Set in a well-established and highly convenient pocket of Midway Point, this is a property that will immediately appeal to those looking for their next project. Whether you are considering a full renovation, extension, or a complete knock-down and rebuild (STCA), the value here is in the position and the potential it offers.

The existing home is very much in original condition and requires significant work throughout. From the exterior through to the kitchen, bathroom and living spaces, buyers should come prepared with a clear vision and an appetite to transform. For those with the right mindset, this is an opportunity to create something entirely your own, tailored to modern living standards.

Positioned just moments from local shops, schools, transport and the waterfront, the location is where this property truly shines. With level land and a straightforward layout, it provides a solid foundation for redevelopment or a long-term renovation project in a suburb that continues to see strong buyer demand.

• Ideal renovation or knock-down rebuild opportunity (STCA)
• Original home requiring substantial work throughout
• Level allotment of approximately 542 sqm
• Functional existing layout with 2 bedrooms and separate living
• Detached garage and additional shed on site
• Scope to redesign, extend or rebuild to suit your needs
• Quiet, established street in a convenient location
• Close to Midway Point shops, school and local services
• Easy access to Hobart CBD and the airport
• Strong potential to add value in a growing area

Year Built: Early 1970s
Construction: Weatherboard
Annual Water Rates: $1,202 approx.
Annual Council Rates: $1,698 approx.

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Property Information

Year Built
1970
Land Area
542 sqm approx
Floor Area
78 sqm approx

Features

Roof
Iron
Exterior
Weatherboard

Parking

Carport Spaces
1
Off Street Spaces
1