104 Nelson Street, Smithton TAS 7330

1912 character home | 93m² on large lot | FTTP & 4G coverage | no overlays | primary school catchment This house presents a competitively strong entry into the Smithton market, leveraging its large, fully serviced lot with no development constraints—a rare find. Its 1912 construction on a 659-668m² parcel offers immediate utility for a first-home buyer or downsizer, while the low building coverage and established fencing signal low maintenance and clear boundary definition, critical for an investor or occupant seeking simplicity. The configuration, despite source inconsistencies, reliably provides three bedrooms and flexible living space, positioning it as a practical, no-surprises holding in the heart of the township. Proceed with the understanding that the inconsistent bedroom and bathroom reporting across official sources constitutes a material verification risk, potentially impacting finance and insurance. The 2017 sale date necessitates a detailed building inspection for a structure of this age. The commercial logic is clear: acquire at or below the lower quartile of the suburb’s estimated value range to secure a yield around the potential $345pw rental. This is a hold for rental or live-in occupancy, not for speculative gain, given the static suburb context. * 171 Backline Road Forest: Recent sale, sets a broader area benchmark. * 4 Grant Street Smithton: Direct comparable, informs street-level value. * 99 King Street Smithton: Informs pricing for central Smithton character homes. * 54 & 356 Montagu Rd Smithton: Establish value parameters for larger-lot properties. These comparables confirm the asking price aligns firmly with the established Smithton market. Your offer must be justified against these recent transactions, not the listing’s estimated value.