3 Avoca Street, Lindisfarne TAS 7015

Waterfront views | large rumpus & workshop | tranquil sought-after locale | oversized 1034m² block This property presents a compelling proposition due to its rare configuration of substantial land and versatile living space in a prime, tranquil pocket of Lindisfarne. The combination of a 1034m² block, a dedicated lower-level rumpus room with a bar, and a separate workshop offers a lifestyle and utility footprint exceeding typical three-bedroom stock. It serves families or owner-occupiers seeking space for recreation, projects, and capital growth from land value, supported by reliable NBN and stunning aspect. The primary decision hinges on the price premium for its condition and views against the single bathroom layout and bushfire overlay, which may limit some buyer pools and incur compliance costs. Its strong rental estimate suggests a viable hold strategy, but achieving positive cash flow requires a purchase price well below the current listed range. Proceed only if the pending offer falls through and a sub-$730k acquisition aligns with a long-term hold, leveraging its scarcity.