1/12 View Street, Bellerive TAS 7018

Modern 4-bed townhouse | Elevated bay views | Dual-living layout | Walkable Bellerive This property offers a rare configuration in Bellerive’s townhouse market: four bedrooms across two levels with two ensuites and a second living area, effectively supporting dual-living arrangements for guests, older children, or rental income. The 2011 build, combined with no body corporate and a 895m² land holding, provides a freehold advantage uncommon in this price bracket. The elevated position delivers bay and mountain views from an undercover balcony, while the walkable proximity to Bellerive’s cafes and waterfront strengthens its appeal for downsizers or professionals seeking low-maintenance coastal living without sacrificing space. The primary risk is the current market softness in Bellerive, with suburb growth at -5% and 31+ competing listings, which may extend selling time or pressure final pricing. The estimated rental yield of 3.6% sits below some investment benchmarks, though the dual-living layout could push actual returns toward the upper rent estimate of $835 per week. No planning overlays or environmental risks reduce due diligence complexity, and FTTP connectivity adds a modest lifestyle benefit. For a buyer prioritising versatile floorplan and location over short-term capital growth, this townhouse occupies a defensible position.