17 Shelomith Drive, Acton Park TAS 7170

4-bed acreage | flood overlay | 6% building coverage | 30-year-old custom build This property’s primary strength is its rare one-acre parcel within a sought-after suburb, offering significant space and privacy atypical for the area. The custom 1994 build with quality materials suggests solid construction, while the minimal 6% building coverage presents substantial future utility or expansion potential. It is best suited for a family valuing character and space over modern finishes, or a buyer with capital to enhance the existing dwelling over time. The flood overlay is a material risk that necessitates immediate due diligence, potentially affecting insurance costs and future development. The age of the property implies upcoming capital expenditure on maintenance. The opportunity lies in the land bank itself; the low coverage ratio allows for strategic improvements like additional outbuildings or landscaping that could disproportionately increase utility and value. This is a hold-and-improve proposition, not a short-term play.