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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

70 Lettes Bay Road, Strahan TAS 7468

$320,000

Listed: 59 days ago
Overview

Located just a short walk from the waterfront in the scenic town of Strahan, this unique property offers a versatile dual-unit opportunity on a single title. The property consists of two self-contained units, each featuring one bedroom and one bathroom, designed to provide comfortable and low-maintenance living spaces.

Each unit is thoughtfully laid out with a well-appointed bedroom, a neat bathroom, and a functional living area, making them ideal for dual occupancy. This setup offers flexibility for owners who may wish to reside in one unit while leasing the other, or to maximize rental income through dual tenancies.

Currently, both units are leased at $250 per week each, delivering an immediate combined rental return of $500 per week. Additionally, the property holds the necessary permits for Airbnb usage, subject to council approval, providing further options for short-stay accommodation and potential increased returns.

Surrounded by the natural beauty that Strahan is known for, and conveniently located near the waterfront, local cafes, and popular attractions, this property presents an excellent blend of lifestyle and investment potential. It is a rare chance to secure a property that caters to a variety of living and income scenarios in a sought-after coastal location.

Additional features include floorboards throughout, a garden area, and a shed, enhancing the property's appeal. The location offers water views and benefits from eco-friendly features such as ceiling and wall insulation, contributing to energy efficiency and comfort.

This property is well-suited for investors seeking a dual-income opportunity or for those looking for a flexible living arrangement in a picturesque setting. The combination of strong rental returns, potential for short-stay accommodation, and proximity to key amenities makes this an attractive proposition.

Overall, this dual-unit property in Strahan offers a unique and promising opportunity for buyers looking to invest in a coastal lifestyle with solid income prospects.

Local Market Insights

In West And North West, Quiet Listings observed 18 new units entering the market over the last 30 days, up from 13 during the previous 30-day period, with an average advertised asking price of $540,722. The property type mix of listed properties is predominantly Houses at 69%, followed by land (15%), and units (9%). Harcourts was the most active agency in this area, representing 56.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
70 Lettes Bay Road
Strahan TAS 7468
Market Insights for Strahan TAS 7468
New Listings (last 30 days)
18
Average price
$540,722
Lowest price
$185,000
Highest price
$1,095,000
Other properties in this postcode