58D Drummond Street, Perth TAS 7300

4-bed solid family house | 882-3642m² lot conflict | solar & dual living | under market pricing risk This property offers a rare configuration edge: a four-bedroom, two-bathroom house with separate living areas and a study on a site that, depending on the lot measurement, may deliver substantial land value upside. The solar panels and reverse-cycle air conditioning reduce holding costs, and the fully fenced yard with carports suits families seeking low-maintenance space. With an estimated value range of $836,000–$866,000 and an asking price of $650,000, the buyer is positioned to acquire well below market-provided the lot size discrepancy is resolved. It serves best a buyer who values square meterage over immediate rental yield, or an investor who can ride the gap between current rent ($575/week) and the asset’s true capital worth. The primary risk is the conflicting lot size data-882m² versus 3602–3642m²-which directly affects valuation and future subdivision potential; a survey is non-negotiable before exchange. The bushfire overlay adds insurance and compliance cost, though it is not prohibitive. The strata context at 58 Drummond Street introduces complexity: the house sits among units, which may dampen capital growth compared to a freestanding title. The opportunity lies in correcting the lot record and holding for 5–10 years, as the land component in a tighter market like Perth TAS is the real driver. Use this property as a long-term hold with a refinance trigger once lot title is clarified.