16 Collins Way, Tugrah TAS 7310

Modern 2015 build on acreage | Five-bed flexible layout | North-facing living & bedrooms | Premium Tugrah locale This property presents a competitively strong offering due to its rare combination of a modern, energy-efficient home on a full acre within the Devonport fringe. The north-facing orientation, ducted heating, double glazing, and solar panels create a cost-efficient and comfortable living environment. The flexible floor plan, allowing reconfiguration from five to three bedrooms, along with substantial shedding and parking, makes it exceptionally suited for a growing or multi-generational family seeking space and adaptability. It serves buyers transitioning from standard suburban lots to an acreage lifestyle without compromising on contemporary finishes. The primary decision point is the price premium commanded for its size and condition against a limited pool of comparable sales, with the last known sale at $650,000 in 2020 indicating significant appreciation. The bushfire overlay necessitates insurance cost inquiries. The opportunity lies in securing a low-maintenance, high-amenity property in a tightly held location where similar stock rarely appears. This property is a long-term hold for an owner-occupier who will fully utilise its space and features; its rental yield is secondary to capital growth derived from its land component and superior build. Recent comparable sales data is notably limited, underscoring the property’s uniqueness in the area. The only direct point of reference is its previous sale in May 2020 for $650,000. This lack of abundant comparables makes precise valuation challenging but also highlights the scarcity of such large, modern parcels in Tugrah. For a buyer, this means the market price will be established by competitive demand for an atypical offering rather than by direct comparison to recent suburban sales.