Best buys $200k or less
It is possible to bag a property bargain in Tasmania, if you know where to look for your next house, writes
PROPERTY buyers don’t need to break the bank to get a foot on the property ladder. They just need to know where to look. While the ask for a typical median priced house in greater Hobart will easily run buyers into the $650,000 to $700,000 price range, there are actually scores of houses on the market for $200,000 or less.
For those with some renovation skills, the pick of the bunch is Tunbridge’s The Black Hut, which dates back to the 1800s.
Howell Property Group agent Nick Hay said this property at No.44 Main Rd is
“down to its bare bones” and ready for a transformation.
“This is the thing that attracts people to the property,” he said.
“For a tradesperson or a motivated couple seeking a restoration Australia-style project, The Black Hut is it.”
Mr Hay sold this property a few years ago and said at the time the buyer planned to build a pod extension to the rear of the cottage and turn it into short-stay accommodation.
“He has plans for creating a whiskey distillery at another property he owns in the township and this property was going to be the accommodation offer for guests,” he said.
“With Ross and Oatlands nearby, a shortstay accommodation offering would be a fantastic use of the property.
“There is a lot of investment happening in both townships, with the Man O’ Ross Hotel going under renovation and the Callington Mill attracting tourists to the area.
“The history, the raw bones of the project and the space to potentially build a second dwelling or subdivision (STCA), these are all reasons behind why buyers have already inquired about No.44 and are showing interest in this property.”
The Black Hut is a well-recognised and much photographed Midlands settler’s cottage on a 5600sq m block.
It is understood that The Black Hut was transported to the property on logs pulled by bullocks from a neighbouring farming estate in the late 1800s.
The hut has split timber walls, dual ‘cooking’ fireplaces and a combination of timber and dirt floors.
The property is connected to town water. It has two timber lockup sheds, and it is located diagonally opposite the Tunbridge Community Club.
Meanwhile, out West, where home values have been growing tremendously in recent years, there is a two-bedroom house offering “timeless charm” in coastal hub, Queenstown.
The character-filled property offers an original kitchen, a separate living room, a front veranda with a western aspect, and a large 873sq m block.
No.77 Esplanade, Queenstown is sharply priced at $190,000-$200,000 with Harcourts West Coast.
On Lettes Bay Rd, Strahan, No.79 is about as close to the water as a property can get without actually being on the waterfront.
The historic fisherman's shack is less than three meters from Macquarie Harbour.
There are two buildings on site, one is a shed and storage space, while the other is the main building with a living area, bedrooms, a kitchen and a WC.
It is listed with Roberts Real Estate at $195,000-plus.