5689 Channel Highway, Verona Sands TAS 7112

2 bed coastal house | 900m² land | bushfire overlay | Woodbridge School catchment This property presents a competitively priced coastal holding, rare for its large, fully-fenced block in a quiet coastal setting. Its modest 1980s build on a 900m² parcel offers a low-maintenance footprint with expansion potential, ideally serving a downsizer, weekender, or an investor seeking a simple rental. The reliable NBN and school catchment add practical utility, though the bushfire overlay necessitates specific insurance and mitigation costs. The decision hinges on accepting inherent coastal and bushfire risks for a lower entry point. The commercial logic is a hold for lifestyle use or a medium-term rental, yielding approximately 4.3%. It is not a growth-centric purchase; proceed only if the land value and location align with a long-term hold strategy, factoring in overlay compliance costs. Recent comparable sales data is limited, with the only direct record being this property’s own March 2018 private treaty sale. The absence of recent nearby sales complicates precise valuation, placing greater emphasis on its current listing price against broader Huon Valley benchmarks for small coastal houses.