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1/107 Bass Street, Warrane TAS 7018

Offers Over $579,000

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$579k - $608k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 3 Beds 1 Bath 2 Cars 326 m² 97 m²

Listed: 16 days ago

Updated: 9 hours ago

Overview

Situated in a tranquil and family-friendly section of Warrane, this charming weatherboard unit offers an inviting blend of convenience, comfort, and investment appeal. Its prime location on Hobart’s Eastern Shore grants easy access to major roads, public transport, schools, shopping centres, parks, and the Hobart CBD, making daily life effortless.

This three-bedroom home benefits from well-proportioned living spaces, complemented by a practical family bathroom and a fully fenced, low-maintenance private yard, which creates an ideal setting for those seeking both relaxation and manageable outdoor enjoyment. The property includes two dedicated off-street parking spaces, adding to its functionality, while Daikin reverse-cycle heating and cooling ensures year-round comfort.

Beyond the home’s features, residents can appreciate scenic views across the Mountain and Meehan Ranges and the close proximity to the Meehan Range Bike Park — an asset for recreational enthusiasts. The quiet neighborhood promotes a sense of community and security, appealing to families, professionals, and investors alike.

From an investment perspective, this unit is currently leased at $560 per week with a fixed lease until November 2026, providing steady rental income and flexibility with arrangements thereafter. Vacant possession is also available with a month's notice, highlighting the adaptability to meet various buyer needs.

Built in 1955 and zoned residential, this property represents a rare opportunity to secure a desirable home or investment in one of the Eastern Shore’s sought-after suburbs, combining lifestyle benefits with solid long-term potential.

Local Market Insights

In Warrane, Quiet Listings observed 12 new units entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $611,167. The property type mix of listed properties is predominantly Houses at 65%, followed by units (18%), and land (11%). The most active agency for units in the Warrane area is currently Petrusma Property – Sandy Bay, representing 50% of new listings, followed by Harcourts with 25%. 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.