11 Old Road, Franklin TAS 7113

1950s weatherboard cottage | 3-bed, 1-bath on 2,822 m² | Huon Valley quiet lane | development and space potential The buying case rests on a rare combination of manageable cottage size on a substantial suburban block within a historic township that commands a $528,000 median. The 140 m² internal area is efficient for a family or downsizer, while the 2,822 m² land parcel offers immediate garden or shed space and longer-term subdivision optionality under Huon Valley Council zoning. This property serves a buyer seeking character with room to breathe, not a renovator’s shell, and the quiet lane positioning adds privacy without isolation. The 2021 sale and recent rental at $470/week confirm livable condition and tenant demand. Risk centres on the land size discrepancy-one source quoting 5.16 ha-which demands title verification before any offer, as a smaller block caps subdivision yield and resale pool. The 1950s weatherboard may need roof and wiring checks, and the $650,000–$750,000 estimate sits above the local median, meaning capital growth relies on land value uplift rather than immediate rental coverage. Opportunity lies in holding for five years while Franklin’s commuter appeal to Hobart firms, then considering a boundary adjustment or granny flat. Buy it for the land, use the cottage as is.