128 Thorne Avenue Legana, TAS 7277

Legana, West Tamar, TAS, 7277

$ 952,901

Legana, West Tamar, TAS, 7277
Co living Investment Property in Legana, TAS (6.55% Yield) | Aus Investment Properties - Photo 1

Property Images

Co living Investment Property in Legana, TAS (6.55% Yield) | Aus Investment Properties - Photo 1
  • Co living
  • Property Type
  • 6
  • Bedrooms
  • 6.5
  • Bathrooms
  • Cars
  • 224

Details

Updated on Jun 17, 2026

Property Type: Co living
Price: $ 952,901
Land Price: $ 265,000
Build Price: $ 687,901
Gross Per Week: $ 1,275
Gross Per Annum: $ 66,300
Gross Yield: 6.55 - 7.37%
Capital Growth 12 Months: 10.67%
10Yr Annualised Growth: 7.29%
Vacancy Rate: 0.58%
Property Size: 224 m2
Land Area: 710 m2
Bedrooms: 6
Bathrooms: 6.5
Parking:
Title Status: Titled
Property ID: 28133
SKU: 1045
Sold: Jun 18, 2026

Description

Positioned within the growing suburb of Legana, this Co Living offers a modern solution for comfortable living and smart investment. With 6 bedrooms, 6 bathrooms and 0 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.

With its strong rental appeal and long-term growth prospects, this Co Living in Legana is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.

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

Features

  • Stainless Steel Appliances
  • Vinyl flooring throughout
  • Reverse cycle air-conditioning to all bedrooms
  • LED downlights throughout
  • Driveway, fencing, garden taps and crossover
  • Clothesline, letterbox, antenna, flyscreens, and window furnishings
  • Site works and standard construction costs included

Floor plans

Co living Investment Property in Legana, TAS (6.55% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 128 Thorne Avenue Legana, TAS 7277
City West Tamar
State TAS
Postcode 7277
Suburb Legana
Estate Legana

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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

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