19 Tollowie Street, Howrah TAS 7018

1972 build | 553m² land with river views | flood overlay | 4.2% rental yield This property presents a strong proposition for an owner-occupier seeking space and views, or an investor targeting a stable rental. Its generous 553m² parcel in a family-oriented catchment is increasingly rare, and the study with Derwent River outlook provides a genuine point of difference. The reverse-cycle ducting and dual ovens signal a house prepared for comfortable, modern living, aligning well with the demonstrated rental demand in the $590-$650 weekly range. Proceed with disciplined due diligence on the flood overlay, as undefined risk directly impacts insurance costs and future equity. The $725,000 listing against a $774,000 estimate suggests potential value, but the ‘offers over $775,000’ guidance creates a competitive pricing dynamic. Secure a detailed flood report to quantify the risk; if manageable, this property suits a long-term hold, leveraging its land component and yield while the area matures.