623 Shark Point Road, Penna TAS 7171

Waterfront | Level land | Fully fenced | 25 mins Hobart | Conflicting bedroom data This property presents a rare combination of level, fully-fenced waterfront land with direct water access within a practical commute to Hobart, a configuration that is inherently scarce and appeals strongly to both families and lifestyle buyers seeking security and immediate amenity. The substantial landholding to the high-water mark is its principal advantage, offering a low-maintenance canvas with premium utility that outperforms typical sloping blocks in the area. Proceed with the understanding that the core value is land, not the dwelling, given the conflicting bedroom data and absent detail on building condition and age. This necessitates a significant due diligence budget for building and septic inspection. The listing status discrepancy suggests a negotiated sale is possible. Acquire for long-term hold as a primary residence capitalising on the land’s utility, as the absent comparable data and vague specifications undermine its investment logic for yield.