26 Gordon Square, George Town TAS 7253

Gordon Square setting | renovation-ready 1950s house | 733m² land in walkable George Town | strong rental history This property competes on land size and positioning rather than finish. The 733m² block on a quiet square with north-easterly light is uncommon in this price band, and the existing rental history gives a buyer immediate income cover while planning works. It serves best as a buy-and-hold for an investor or a first-home buyer willing to renovate gradually. The five parking spaces and proximity to schools and shops add practical weight. The main risk is age. A 1952 build means potential for hidden structural or service issues, and the single bathroom limits appeal until upgraded. The asking price sits above some automated estimates, so a building inspection and comparable sales check are essential before committing. The opportunity lies in adding a deck off the living area and refreshing interiors, which could lift both rent and resale value. Hold this property for at least three to five years to capture the uplift from your own improvements and gentle market growth.