Henry Street, Sorell, TAS 7172
Dual-Dwelling Strategy: $218k Projected Equity (28% Growth) + 8.4% Airbnb Yield
Purchased: $582,000
Bank Valuation: $623,000
Furnishing: $15,000
Forecast Airbnb Revenue: $50,000 p.a.
- $45k Instant Equity
- 8.4% Airbnb Yield
- Dual-Dwelling Development Potential (Projected $218k Equity Uplift)
This 900+ sqm block was purchased below market value with a $45k instant equity gain and strong short-stay potential. The existing home generates $50k annually on Airbnb, while plans progress for a rear dual-dwelling build projected to add $218k in equity uplift within 12 months — a hybrid strategy combining cash flow + capital growth.