FOR SALE
Best Offer Over $449,000

28 Partridge Drive
Legana TAS 7277

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 120m2
Land area: 696m2
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Investment Opportunity - Long-Term Lease Property.

Currently leased at $400 per week, this three-bedroom family home offers a secure long-term lease, making it an excellent choice for investors looking to grow their rental property portfolio.
The home features a spacious lounge, a formal dining room, an adjoining kitchen, and a versatile second dining area or family space. While the property may need some maintenance, the standout feature is the stable income from the existing long-term tenant.
Located in the expanding area of Legana, with a new shopping centre, Legana Primary School, and recent improvements to the West Tamar Highway for easier access to Launceston, this property presents a promising investment opportunity with both immediate rental returns and future growth potential.
. Long-term lease - currently rented for $400 per week with a stable long-term tenant.
. 3-bedroom Home - includes a lounge, with heat pump, formal dining room, & an adjoining kitchen with a 2nd dining area or family space.
. Garaging - single garage and secure back yard.
. Investment potential - ideal for investors seeking to expand their rental property portfolio.
. Growing area - located in the expanding Legana, which features a new shopping centre & Legana Primary School.
. Improved commute - ongoing upgrades to the West Tamar Highway make travel to Launceston more convenient.
. Future growth - benefit from both current rental income & potential property value appreciation.
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Property Details for 28 Partridge Dr, Legana

28 Partridge Dr, Legana is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 696m2 and floor size of 120m2. The place is currently for sale with Howell Property Group.

Building Type
House
Floor Size
120m2
Land Size
696m2

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About Legana 7277

The size of Legana is approximately 31.9 square kilometres. It has 5 parks covering nearly 0.5% of total area. The population of Legana in 2011 was 3,678 people. By 2016 the population was 4,017 showing a population growth of 9.2% in the area during that time. The predominant age group in Legana is 40-49 years. Households in Legana are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Legana work in a professional occupation. In 2011, 85.4% of the homes in Legana were owner-occupied compared with 82.1% in 2016.

Legana has 2,420 properties. Over the last 5 years, Houses in Legana have seen a 64.61% increase in median value, while Units have seen a 58.67% increase. As at 30 November 2024:

  • The median value for Houses in Legana is $731,884 while the median value for Units is $488,663.
  • Houses have a median rent of $550 while Units have a median rent of $468.
There are currently 20 properties listed for sale, and 2 properties listed for rent in Legana on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Legana.

Suburb Insights for Legana 7277

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Ben Towns
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Howell Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.