Risdon, TAS
Land-Strong Asset Repositioned for Performance
Purchased: $750,000
Projected STR Return: 8%
Instant Equity Created: $30,000
Capital Growth Outlook: 10%
- Large 872sqm landholding in established Hobart suburb
- Repositioned into family-friendly high-performing Airbnb
- Multiple income pathways with long-term stability
Purchased at $750k, this 872sqm residential asset was secured for its strong fundamentals and repositioned for performance.
The strategy focuses on creating income flexibility through a family-friendly Airbnb setup, while retaining long-term rental fallback of $650–$680 per week.
With an estimated $30k in instant equity and projected 8% rental return, the asset balances immediate performance with future capital growth potential.