6 Wencks Road, Port Arthur TAS 7182

| Bushfire overlay constrains build | expansive lot underutilized | proven short-term income | small floor plan at 48m² This property carries a specific cost profile: the bushfire overlay triggers higher insurance premiums and limits future subdivision or expansion without expensive compliance measures, effectively capping the land’s developable upside. The 48m² floor plan is unusually small for a two-bedroom house, which will suppress owner-occupier demand and long-term capital growth compared to similar land parcels in the area. If held as a rental, the $415 weekly income against a $475,000 price delivers a gross yield of 4.5%, which is reasonable but not exceptional for a short-term let with proven Airbnb history to offset the risk. The competitively rare feature here is the 2,195m² lot in a coastal Tasman location at that price point—most sales in Port Arthur on comparable land sizes transact above $500,000, giving this property a potential land-value discount. The small house functions best as a secondary income cabin or holiday rental, not a primary family home, meaning the buyer should treat it as a land play with cash flow. Before proceeding, seek a certified bushfire assessment to quantify the overlay’s impact on your insurance and any planned works; that one document will determine if the passive land value gain offsets the active costs you cannot avoid.