7 Lime Avenue, Newstead TAS 7250

Heritage Queen Anne Federation | 1910 built | 5 bed 3 bath | 1776m² land | 2017 architect renovation This property presents a rare, tightly held landmark on a premier avenue, combining significant heritage character with a comprehensive, high-specification contemporary renovation. Its substantial land holding and five-bedroom, dual-living zone configuration create a competitive edge for a large or multi-generational family seeking space, prestige, and move-in readiness in a coveted location. The architect-led restoration ensures modern functionality while preserving period charm, serving a buyer for whom authenticity and quality are non-negotiable. Decision hinges on the premium for a singular, low-supply heritage property versus modern alternatives. The low indicative rental yield reflects its capital-growth orientation, not investment income. Acquire for long-term occupancy to amortize the renovation premium and capture the value of its irreplaceable position and character. Consider it a permanent family holding rather than a short-term asset.