25 Crystal Downs Drive, Blackmans Bay TAS 7052

Split-level site | 1972 build | one bathroom | no sales history on record This property carries two material risks. The single 1972 bathroom constrains resale appeal for families, a cohort that dominates owner-occupied Blackmans Bay at 78%. The 39-metre elevation and 6-metre roof height suggest a sloping site, raising unknown excavation or drainage costs for any future extension. The 137-square-metre building on a 779-square-metre lot yields 18% site coverage, leaving room to add value through a second bathroom or rear living space, but budget for unexpected groundworks. You should hold and improve rather than flip; the land position supports patient capital, not a quick exit. The competitive advantage here is the secure garage on a generous fully fenced 779-square-metre block with no bushfire or flood overlays, rare for a 1972 build in this school intake zone. Floorboards and dishwasher absent in many comparables reduce immediate renovation needs. This property suits a buyer who will occupy for four to seven years, build equity via land leverage, and renovate strategically before selling. The $720-per-week rental yield estimate signals strong tenant demand, but the single bathroom will limit that pool. Confirm site costs with a builder before committing. 14 Crystal Downs Drive sold at $755,000 for 127 square metres on a similar lot. Your 137-square-metre building with air conditioning and garage justifies a premium, likely between 5 and 8 per cent over that comparable. Request the vendor’s property file to verify foundation and drainage conditions on the sloping site before proceeding to inspection.