10 Teggs Road, Gravelly Beach TAS 7276

Single-level house on 2126m² flat block | near Tamar River | rare usable acreage in West Tamar | NBN and 5G present This property offers something increasingly scarce near the Tamar River: a flat, usable 2126m² block with a modest but liveable house already in place. For a buyer who values land position over dwelling finish, the low 9% site coverage signals genuine extension or rebuild potential without the constraints of flood or heritage overlays. The Exeter Primary intake area, 5G coverage, and three open car spaces make this suitable for a family or downsizer wanting space with reasonable connectivity. The bushfire overlay is the primary constraint, likely imposing additional construction or maintenance costs if developing. The estimated value of $664,000 sits above the price guide, suggesting either the market has softened or the guide is deliberately pitched to attract competition. With no sold history or rental data available, the buyer lacks a clear benchmark for negotiation leverage. This property should be held for land value appreciation rather than immediate rental yield, and the flat topography gives a rare option to subdivide or build a second dwelling subject to council approval.