FOR SALE
Offers Over $400,000

5 Clayton Drive
Herdsmans Cove TAS 7030

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 758m2
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Seize an Exceptional Investment Opportunity with 5.6%+ ROI

Currently tenanted for $430 per week until October 2025 with the potential to extend the lease with long-term tenants in place, this property offers the potential to earn a 5.6%+ return on investment with an instant return starting from the settlement day.
Built in 1981 and constructed with masonry brick veneer and galvanized iron roofing, this three-bedroom home offers ample space and natural light, making it an ideal investment opportunity.
Situated to capture the morning sun and natural light, this three-bedroom home is available for investors seeking a property in this desirable area.
Upon entering, you are greeted by a spacious entry hallway. To the right, you will find an open-plan kitchen and dining area, perfect for entertaining guests, as the dining area seamlessly flows into the living area, creating a warm and inviting space for relaxing or spending time with loved ones.
To the left of the entry hallway, you will find three well-sized bedrooms, all with plenty of natural light. The family bathroom features a shower over the bath, and a separate toilet provides added convenience.
A single car garage under the roof area offers secure parking, while the property's proximity to convenience stores, schools, and local transport further enhances its appeal as an investment.
Overall, this three-bedroom home presents an excellent investment opportunity with strong rental potential with a well-maintained structure.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property Details for 5 Clayton Dr, Herdsmans Cove

5 Clayton Dr, Herdsmans Cove is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 758m2 and floor size of 104m2. The place is currently for sale with LJ Hooker Pinnacle Property.

Building Type
House
Floor Size
104m2
Land Size
758m2

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About Herdsmans Cove 7030

The size of Herdsmans Cove is approximately 0.9 square kilometres. It has 3 parks covering nearly 37% of total area. The population of Herdsmans Cove in 2011 was 1,134 people. By 2016 the population was 1,113 showing a population decline of 1.9% in the area during that time. The predominant age group in Herdsmans Cove is 0-9 years. Households in Herdsmans Cove are primarily single parents and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Herdsmans Cove work in a labourer occupation. In 2011, 31.4% of the homes in Herdsmans Cove were owner-occupied compared with 29.2% in 2016.

Herdsmans Cove has 507 properties. Over the last 5 years, Houses in Herdsmans Cove have seen a 85.71% increase in median value, while Units have seen a 42.40% increase. As at 31 October 2024:

  • The median value for Houses in Herdsmans Cove is $453,819 while the median value for Units is $411,472.
  • Houses have a median rent of $440.
There are currently 5 properties listed for sale, and no properties listed for rent in Herdsmans cove on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Herdsmans cove.

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Nitin Joshi
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LJ Hooker Pinnacle Property
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