For Sale

4 Magnet Court, Waratah, Tas 7321

$285,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

774 m²

Area

Published on Monday, April 20, 2026 ( See property details for 4 Magnet Court, Waratah, Tas 7321)

$285,000

Ellie Walker - Real Estate Agent - Elders Real Estate - Burnie

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-unit property in Waratah offering strong income potential, flexible living options, and low-maintenance outdoor spaces.

🏡 Property Highlights

Rare dual-income setup with two adjoining units on one title
Strong current rental income of $410 per week, increasing to $430 in June 2026
Open-plan living, kitchen, and dining areas in both units
Each unit features a well-sized bedroom with built-in wardrobes
Separate bathrooms for each unit, offering flexibility for tenants or family
Fully fenced yards for privacy and outdoor enjoyment

✨ Key Features

Built-in Robes
Outdoor Area
Open-Plan Living
Waterfront / Views
Secure Parking
Pet-Friendly
Garage / Secure Parking
External Laundry
Fly Screens
NBN / High-Speed Ready

Suburb and Property Insights of Waratah, TAS 7321

Waratah is a peaceful township on Tasmania's West Coast, renowned for its natural beauty and strong community spirit. The area offers a quiet lifestyle with easy access to outdoor activities, making it ideal for families and investors alike. Its tightly held real estate market provides stability and long-term growth potential. Surrounded by stunning landscapes, Waratah combines tranquility with convenience, perfect for those seeking a relaxed yet connected lifestyle.

Frequently Asked Questions

What is the current rental income and potential for future growth?

The property currently generates a combined rental income of $410 per week, with an increase to $430 from June 2026, offering strong and stable returns for investors.

Are the units furnished and what does the sale include?

Yes, the units are fully furnished, and the furnishings are included in the sale, providing an immediate move-in or rental opportunity.

What are the external features of the property?

Each unit has its own fully fenced yard, and there is a double undercover carport for off-street parking.

Is the property suitable for dual-family living or investment?

Absolutely, the layout and features make it ideal for dual-family living, rental income, or a combination of both.

What amenities are available nearby?

Waratah offers a peaceful lifestyle with natural surrounds, community facilities, and easy access to outdoor activities, making it a desirable location for residents.

What to ask about this property to agent?

Are there any upcoming planning or development applications in the area that could affect the property? What are the zoning restrictions and potential for future extensions or modifications? Are there any known issues with the property's structure, plumbing, or electrical systems? Is there any history of flooding or bushfire risk in the area? Are there any body corporate or strata fees associated with the property? What are the terms of the current tenancy agreement, and are there any lease restrictions? Are there any easements or covenants affecting the property? What are the council rates and other ongoing costs? Is there any planned infrastructure or roadworks nearby that could impact the property? Are there any restrictions on pet ownership or outdoor modifications?

4 Magnet Court, Waratah, Tas 7321 - More Details

$285,000

If you've been waiting for something a little different, this is it! 4 Magnet Court, Waratah delivers a rare dual-income setup with two adjoining units on one title, opening the door to strong returns and serious flexibility. Perfect for investors, dual-family living, or those looking to live in one and rent the other!

Under the one roof, the property comprises two adjoining units, each thoughtfully designed with open-plan living, kitchen, and dining areas that create a functional and low-maintenance layout. Both units are complemented by a reverse cycle air conditioner in the living area, ensuring comfort and efficiency all year round.

Each unit features a well-sized bedroom with built-in wardrobes, keeping things comfortable, practical, and well organised. Both units are serviced by their own bathroom. Whether utilised for rental purposes, shared family living, or a combination of both, the layout offers genuine flexibility.

Externally, both units feature their own fully fenced yard. A double undercover carport provides off-street parking and everyday convenience. Located in the peaceful township of Waratah, the area is known for its quiet lifestyle, strong community feel, and beautiful natural surrounds, making it an appealing and tightly held West Coast location.

A strong investment from day one, the property is currently tenanted fully furnished, providing investors with an immediate combined income of $410 per week ($205 per unit), with this strong return set to increase to $430 per week ($215 per unit) from June 2026, offering excellent income stability and peace of mind. The furnishings form part of the sale.

Note the advertising images are from when the units were used as short stay, as it is difficult to capture good advertsiing photos with permanent residential tenants in place with the addition of their own belongings. Given this, there may be minor discrepancies between advertising photos and physical condition.

For further information or to arrange an inspection, contact Ellie Walker today. Please be advised that a minimum of 48 hours' notice is required prior to inspections due to legislative requirements.

DISCLAIMER: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters

Type: Block Of Units
Bedrooms: 2
Bathrooms: 2
Parkings: 2
Area: 774 m²
House Size: 116 m²

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