2/24 Charles Street, Moonah TAS 7009

New build villa | small subdivided lot | flood overlay | FTTP connectivity | Lenah Valley school zone This property presents a competitively modern, low-maintenance housing option in a well-serviced suburb, distinct from Moonah’s predominant older stock. Its 2011 construction, three-bedroom villa format, and dual garage appeal directly to entry-level buyers or investors seeking a turnkey solution with reliable rental demand implied by the estimated yield. The recent FTTP upgrade is a practical advantage. It best serves an owner-occupier prioritizing modern fixtures and minimal upkeep, or an investor targeting stable yields from a newer, depreciated building. The primary decision mechanism is the flood overlay, which imposes a tangible risk of higher insurance premiums and potential future resale friction, effectively costing the buyer in annual holding costs and liquidity. The small 248m² land parcel limits capital growth driven by land value, typical of subdivided units. However, its position within a small complex of only four properties offers a quieter alternative to larger unit blocks. Acquire for hold as a long-term rental; its modern build reduces near-term maintenance outlay, but the land constraints suggest its utility will remain as affordable housing rather than a land banking play.