Peppe Drive, Sorell, TAS 7172
$150k Instant Equity + 11.5% Airbnb Yield
Purchased: $550,000
Bank Valuation: $700,000
Renovation & Furnishing: $60,000
Forecast Airbnb Revenue: $70,000 p.a.
- $150k Instant Equity
- 11.5% Gross Airbnb Yield
- Fully Renovated & Furnished Turnkey Home
Purchased below market value at $550k with a $700k valuation, this Sorell property achieved $150k instant equity and 10% capital growth on day one. A $60k renovation and styling upgrade positioned it to earn $70k per year on Airbnb — a prime example of value-add execution in Tasmania’s high-demand short-stay market.