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1/61 Bass Street, Warrane$520,000
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1/61 Bass Street

Warrane, TAS 7018, Australia
$520,000
2 bed 1 bath 2 car287 m²

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About this property

Positioned in an unbeatable, high-demand location, this modern brick veneer villa presents a compelling opportunity for the astute investor seeking strong rental return, minimal outgoings, and long-term growth. Securely located just minutes from the Eastlands Shopping Centre precinct, the property is tenanted to an excellent long term tenant until 23rd September 2026, currently returning $490 per week, providing immediate and reliable income from day one. However there is the opportunity for vacant possession via mutual agreement if required. Set in a quiet, private position with the added convenience of level rear access, the unit is instantly appealing and well maintained throughout. The open plan living area is generous in size, capturing lovely views of Mount Wellington and enhanced by a charming bay window. The adjoining dining area flows seamlessly into the tidy, functional kitchen. Both bedrooms are well proportioned and include built in wardrobes, while the modern bathroom features a separate shower and full sized bathtub - ideal for broad tenant appeal. Externally, the fully fenced yard is private and low maintenance, complete with a garden shed for extra storage. A bonus additional parking space further enhances convenience and rental desirability. With no active body corporate, holding costs are kept to a minimum, making this an efficient and stress-free investment. * Tenanted until 23rd September 2026 at $490 per week * Reliable long-term tenant in place * No active body corporate = reduced ongoing costs * Bonus additional parking space * Strong rental demand location * Minutes from Eastlands Shopping Centre & Rosny Bus Mall * Close to schools, medical centres, library, gym, cafés and eateries * Low-maintenance, lock-and-leave investment A standout opportunity to secure a well-located, income-producing property with strong fundamentals and future growth potential. The Vendor reserves the right to accept an offer at any time during the marketing period. To arrange your inspection, please contact our office using the Contact Agent link on this page. All measurements are approximate and details intended to be relied upon should be independently verified. The particulars contained in this advertisement do not form any contract. While care has been taken in its presentation, no representation is made and no responsibility is accepted for the accuracy of the whole or any part and interested persons are advised to make their own enquiries and satisfy themselves in all respects.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
287 m²
Listed
3 months ago

Repayment calculator

$2,521/month
$1,260 /fortnight
Loan $416,000 at 6.10% over 30 years

Upfront costs

Deposit$104,000
Stamp duty$19,098
Conveyancing (est.)$2,000
Total upfront$125,098
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Warrane

This 2-bedroom apartment in Warrane, TAS 7018 sits within reach of public transport, local shops and nearby schools. It is listed 24% below the $685,000 median of 50 comparable apartmentswithin 5 km.

Schools near Warrane

  • Eastside Lutheran Collegecombined · Prep-10 · CoEd
  • Warrane Primary Schoolprimary · K-6 · CoEd

What's nearby

  • Bligh St Stop 8 Out (bus)129 m away
  • Home Brew HQ534 m away
  • Warrane Green Belt103 m away
  • Warrane Green Belt145 m away
  • Warrane Green Belt168 m away

Warrane at a glance

Full suburb profile
Population
2,695
Median age
36
Household income
$1,099/wk
Median rent
$300/wk
Median mortgage
$1,257/mo

Source: ABS Census.

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Warrane price trend

Median sold · Unit 3 bed

$535kcurrent median

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