8 Baintree Avenue, Dynnyrne TAS 7005

Studio unit on 554sqm | FTTP and 5G | Princes Street Primary zone | No bushfire or flood overlay The property presents a rare configuration: a freestanding studio unit on a full residential lot, offering the buyer both a low-maintenance dwelling and a landholding with redevelopment optionality. Its location within a sought-after school intake area and absence of hazard overlays strengthens its appeal to downsizers or investors seeking a secure, low-risk holding. The 139sqm building footprint on 554sqm of land is competitively positioned against nearby comparables, where smaller units command similar values, suggesting the land component is undervalued in the current estimate. The principal risk lies in the studio format, which limits appeal to owner-occupiers seeking separate bedrooms, potentially narrowing the buyer pool and capping capital growth relative to larger units. However, this same constraint creates opportunity: the land size and zoning allow for future subdivision or extension, and the current rental yield—while modest—provides holding income while the buyer waits for the right redevelopment timing. The property is best suited to a buyer with a medium-term horizon who values land content over immediate livability.