29 Turner Cres, Shorewell Park TAS 7320

exposed hold costs | 90m² on 666m² | serviceable yield | 1977 build | no growth data The 1977 brick veneer construction on a 666m² lot offers unusual land content for a 90m² footprint, but the buyer must price in the capital commitment to the high-maintenance window replacement cycle and possible asbestos in the original insulation. A 14% site coverage signals expansion potential or subdivision enquiry after council checks, commoditising the hold. This is not a turnkey play; it is a fundamentals-driven hold for someone who values land banking within an established suburb with reasonable rental cover. The absence of heritage, bushfire, or flood overlays reduces transactional friction for future buyers, and the 5G reliability supports remote worker occupancy without relying on the NBN FTTN node speed ceiling. The house serves a cautious first-home buyer or a small investor targeting the $385-$450 weekly rental bracket, as the walk-in shower and no-bath configuration excludes families with small children. Competition on price will come from buyers who see the land ratio as the lever here, not the dwelling finish. To confirm the land value thesis, request the council’s planning scheme extract for subdivision potential and order a building inspection for the 1977 electrical and plumbing core — these two steps separate informed purchase from speculation in this price tier.