1 Gull Court, Shearwater TAS 7307

Brick & tile 1995 | 3 bed cul-de-sac | Water views | Walk to coast & shops This house presents a competitively strong, low-maintenance package in a tightly held coastal position. Its 1995 brick construction, quiet cul-de-sac setting, and genuine water views create a rare, defensible offering for a downsizer or investor seeking a durable asset in a walkable locale. The property directly serves a buyer prioritizing privacy and a lock-and-leave lifestyle without compromising proximity to essential amenities. Decision rests on the premium for its positional advantages against its mid-90s build, which carries inherent capital expenditure risk for bathrooms and kitchens. The 4.22% yield signals solid rental demand, supporting a hold strategy. Acquire for long-term lifestyle holding with a reserve for strategic renovation; its land value and views anchor the investment.