128 THORNE AVE Legana, TAS 7277
Legana, West Tamar, TAS, 7277$ 919,901
Overview
Property ID: LA-24388
- Co living
- Property Type
- 6
- Bedrooms
- 6
- Bathrooms
- 0
- Cars
- 224
Details
Updated on May 22, 2026 at 12:40 am
| Property Type: | Co living |
|---|---|
| Price: | $ 919,901 |
| Land Price: | $ 265,000 |
| Build Price: | $ 654,901 |
| Gross Per Week: | $ 829 |
| Gross Per Annum: | $ 43,108 |
| Gross Yield: | 4.41 - 4.96% |
| Capital Growth 12 Months: | 10.00% |
| Capital Growth 10 Year Annualised: | 7.29% |
| Vacancy Rate: | 0.87% |
| Property Size: | 224 m2 |
| Land Area: | 710 m2 |
|---|---|
| Bedrooms: | 6 |
| Bathrooms: | 6 |
| Parking: | 0 |
| Title Status: | Titled |
| Property ID: | BP-4033895 |
| SKU: | 1045 |
Description
This modern Co Living in Legana delivers a compelling opportunity for both investors and homeowners. Featuring 6 bedrooms, 6 bathrooms and 0 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.
With its blend of lifestyle appeal and investment strength, this Co Living in Legana is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.
A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.
Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.
A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.
Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.
A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.
Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.
Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.
You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract