12 Coffey Drive, Binalong Bay TAS 7216

Coastal shack character | 3-5 bed discrepancy | 777sqm block | Short walk to beach | Listed March 2026 This property presents a rare coastal holding with inherent flexibility. Its core strength is the land parcel in a tightly held bay location, offering immediate beach proximity and views. The variance in reported bedroom counts suggests a layout with conversion potential, appealing to a buyer seeking either a straightforward holiday home or a project to reconfigure for higher occupancy. It serves a buyer prioritizing land value and location over turnkey finishes. Proceed with a budget for verification and potential renovation. The primary risk is the cost to clarify and possibly rectify the floor plan to match your intended use, as the data conflict indicates either outdated listings or unapproved modifications. The opportunity is to secure a coastal position at a price that reflects its ‘shack’ status, with the commercial logic of adding value through a strategic update. Acquire for long-term hold as a holiday home, with a future option to upgrade.