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

10 Magnolia Road
Risdon Vale, TAS 7016

Offers Over $495,000

3
Bed
1
Bath
1
Cars
Land Size: 634 sqm
Property Type: House
Last Updated: 30 Mar 2026
Overview

Investment opportunity with great tenants in place!

If you are seeking a solid, low-maintenance investment property that offers immediate returns, this opportunity is well worth your consideration.

Located in the expanding suburb of Risdon Vale, this residence presents an excellent prospect for investors, with dependable tenants already secured, allowing you to commence earning rental income from day one.

The home comprises three generously sized bedrooms and a centrally located bathroom. The layout is functional and practical, featuring a spacious living area that seamlessly connects to the dining and kitchen spaces, designed to provide comfortable living that tenants appreciate.

In addition to comfort and ease of maintenance, the property is fitted with solar panels, which contribute to reducing energy expenses and promote sustainable living.

Externally, the property continues to impress with a separate utility area. Additional features include a garage, carport, and a covered entertaining area, enhancing the property's appeal.

Set on a substantial block of land, this property offers ample space, versatility, and long-term potential for various uses.

The property is currently tenanted until 1st October 2026. With strong rental demand and tenants already established, this represents a smart, hassle-free addition to any investment portfolio.

Do not miss the opportunity to secure a quality investment in a sought-after location.

Note: The information provided is believed to be accurate but is not guaranteed. Prospective buyers should conduct their own inquiries to verify details. All measurements and timeframes are approximate.

  • General features include built-in robes and reverse cycle air conditioning.
  • Outdoor features include a garden and outdoor entertaining area.
  • Eco-friendly features include solar panels.

Location
10 Magnolia Road
Risdon Vale TAS 7016
Measurements
Type Dimensions
Floor Area 106 sqm
Market Insights for Risdon Vale TAS 7016
New Listings (last 30 days)
2
Average price
$497,000
Lowest price
$495,000
Highest price
$499,000
Other properties in this postcode
21 Gardenia Road, Risdon Vale TAS 7016
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21 Gardenia Road, Risdon Vale TAS 7016
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16 Kerria Road, Risdon Vale TAS 7016
Offers Over $499,000
16 Kerria Road, Risdon Vale TAS 7016
3 beds 1 bath 6 cars

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.