Geilston Bay, TAS
Income Flexibility with Dual-Dwelling Potential
Purchased: $730,000
Projected Net Income: $34,700 p.a.
Land Size: 700 sqm
Future Upside: Secondary Dwelling (STCA)
- 700sqm block with granny flat potential
- Strong short-stay income fundamentals
- Close-to-CBD owner-occupier suburb
Purchased at $730k, this 700sqm property offers immediate short-stay income potential alongside clear scope for a secondary dwelling (STCA).
With projected net operating income of $34.7k p.a., the asset performs today while offering future upside through dual-income configuration.
The strategy balances current cash flow with long-term growth and flexibility.