14 Inverness Street, Midway Point TAS 7171

New build coastal family residence | 5 bed 4 bath large format | high-spec finishes on oversized lot | peaceful setting with growth infrastructure This property presents a competitively strong, rare offering for a family seeking a large, modern home in a coastal community. Its five-bedroom, four-bathroom configuration on a 1,032m² lot significantly exceeds typical local stock, providing immediate scarcity. The high-specification 2024 construction with luxury inclusions like an outdoor spa and multiple living zones positions it as a premium, move-in ready solution, eliminating near-term capital expenditure for the buyer and catering specifically to the upper segment of family demand in Sorell. The primary decision involves the price premium commanded for its new condition and size, against the backdrop of a general market and the specific bushfire overlay which imposes ongoing compliance costs. The commercial logic rests on securing a long-term family holding in a peaceful location with reliable infrastructure, where the scarcity of such large, new homes should support capital retention. Acquire this property as a permanent residence to fully capitalise on its design and avoid the yield compression inherent in its rental estimate. Recent comparable sales indicate a strong value proposition: – 11 Hoffman Street, Midway Point: Sold for $788,000. This older home offered 5 beds, 2 baths, and 5 car spaces on 569m², demonstrating that this subject property, with double the bathrooms, newer construction, and a far larger block, justifies a material price premium. – The incomplete data for other nearby sales suggests this area is transacting, providing liquidity evidence for a larger family home purchase. The sales data confirms the subject property’s larger scale and superior specification command a higher price point, validating its market position against established stock.