SOLD
RECENT ADVICE
Sold on 11 Nov 2024 for $720,000

4A Pringle Street
Scamander TAS 7215

Bedrooms: 8
Bathrooms: 5
Car spaces: 1
Floor area: 190m2
Land area: 975m2
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Property Details for 4a Pringle St, Scamander

4a Pringle St, Scamander is a 8 bedroom, 5 bathroom House with 1 parking spaces and was built in 1995. The property has a land size of 975m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 8 bedroom House sold in Scamander in the last 12 months.

Building Type
House
Year Built
1995
Floor Size
190m2
Land Size
975m2
Local Government
Break O'Day

Last Listing description (November 2024)

An absolute cracking investment opportunity that could come very close to being positively geared depending on how good your finance broker is!

With views, primarily flat block and great access to the beach - these 5 units are a fantastic buy.

Comprising 3 x 2 bedroom units, 1 x 1 bedroom unit, 1 x studio unit and single car garage.

Permanently leased on long leases to quality tenants, the gross rental income per week is $1330. Over the years, the property was used as holiday accommodation and the signage is still in place if you wanted to revert back to short term accommodation.

The property has low maintenance gardens, shared tenant laundry and parking for up to 7 cars.

Each unit has a full kitchen, spacious bathroom, living room and either an ocean, or north facing, deck or sitting area.

Personal inspection is available to qualified buyers. As the units are tenanted, a minimum 2 working days notice is required prior to inspection so please contact Heidi and her team to secure this rock solid investment property for your portfolio.

PROPERTY INFORMATION:
Council Rates: Approx $2800 annually
Water/Sewer Rates: Approx $880 per quarter
Land Size: 975m2
Building Size: 279m2 (not including decks and sheds)
Rental Income: Combined $1330 per week

Disclosure: The listing agent is an owner of this property

Scamander is one of the most popular coastal towns on Tasmania's east coast. 16km south of St Helens which is the largest town on the coast, Scamander is serviced by a post office, pharmacy, supermarket, fuel station, coffee shops, newsagency, hotel, sports complex and milk bar.
Situated at the mouth of the Scamander River and famous for beautiful Scamander Beach, this coastal town has a very relaxed vibe.
The township is serviced by a twice daily bus service to the coastal towns and major cities. 4g Optus and Telstra coverage available plus NBN.

Harcourts St Helens has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 4a Pringle St, Scamander, TAS 7215

A timeline of how this property has performed in the market
Last Sold
$720,000
11 Nov 2024
  • 11 Nov 2024
    Sold for $720,000
  • 09 Aug 2024
    Listed for Sale $799,000
  • 02 Apr 2019
    Listed for Sale $385,000
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About Scamander 7215

The size of Scamander is approximately 19.3 square kilometres. It has 6 parks covering nearly 38.3% of total area. The population of Scamander in 2011 was 718 people. By 2016 the population was 654 showing a population decline of 8.9% in the area during that time. The predominant age group in Scamander is 60-69 years. Households in Scamander are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Scamander work in a trades occupation. In 2011, 71.7% of the homes in Scamander were owner-occupied compared with 74.5% in 2016.

Scamander has 670 properties. Over the last 5 years, Houses in Scamander have seen a 54.94% increase in median value, while Units have seen a 100.76% increase. As at 30 November 2024:

  • The median value for Houses in Scamander is $464,605 while the median value for Units is $416,512.
  • Houses have a median rent of $410.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Scamander on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Scamander.

Suburb Insights for Scamander 7215

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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.