26 Batchelor Street, Queenstown TAS 7467

Bushfire overlay | 1942 build | 85m² | 835m² land with north aspect The bushfire overlay imposes tangible costs: higher insurance premiums and restricted development potential, reducing long-term exit options for a buyer. The 1942 construction may require structural upgrades not yet priced. Counterbalancing this, the north-facing 835m² block offers subdivision potential in a tight market, and the 85m² house is defensible for a rental hold. The property is a speculative land play with immediate occupancy risk. This property competes on lot size and aspect, not on dwelling quality or location amenities. At 10% building coverage, the site holds rare expansion or subdivision optionality for Queenstown, best suited to a buyer comfortable with a long-term, low-demand location. The lake proximity adds niche tenant appeal. The appropriate buyer positioned to hold through insurance costs and accept the bushfire risk will find strategic land value here. The 3-bedroom median price for Queenstown is $205,000, with a value range of $185,000 to $245,000. This property list position well above that band, suggesting confidence in lot upside beyond dwelling condition. The inference is clear: buyers are paying for dirt, not finishes.