Back 1/61 Bass Street
Off Market

1/61 Bass Street

Warrane TAS 7018

2
1
2
76 m²
287 m²
Unit
Last sold for $520,000
Tanya BurnsTanya Burns, last sold this property on 19 May 2026 after 98 days on market.

Overview

Location, Returns & Low Maintenance

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.

Features

2 bedrooms
1 bathroom
2 carspaces
2 open car spaces
76 m² floor area
287 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Warrane over the last 12 months, the estimated median property value of 1/61 Bass Street is $560k.

Median value
$560k
Estimated value range
$451k - $615k
Median days on market
33
Estimated value trend
24%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Warrane. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/61 Bass Street

2026
Sold
$520,000
19 May 2026 by Tanya Burns, of Raine & Horne Eastern Shore
2021
Rented
Undisclosed
Leased on 01 Sep 2021 by Raine & Horne Eastern Shore
2020
Sold
$365,050
10 Mar 2020 by Tanya Burns, of Raine & Horne Eastern Shore

Happy sellers in Warrane

92%
92% of sellers in Warrane reported that their sale price either exceeded or met their price expectations.

Warrane stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Warrane over the last 12 months.

Local market activity for 2 bedroom units in Warrane

In the last 12 months, 5 two-bedroom units similar to 1/61 Bass Street, have been sold.

This represents a 100% decrease in two-bedroom units sales when compared to the previous 12 months.

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