8 Alexandra Road, Ulverstone, Tas 7315

$899,000 - $949,000

Duplex/Semi-detached
Type
7
Bedrooms
3
Bathrooms
3
Parkings
1,074 m²
Area

Last updated on Saturday, July 04, 2026 ( See property details for 8 Alexandra Road, Ulverstone, Tas 7315)

$899,000 - $949,000

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

A historic and versatile duplex property on a spacious corner allotment in Ulverstone, offering multiple income streams and flexible living arrangements.

🏡 Property Highlights

  • Three self-contained residences on a single title, offering versatile living options
  • Generous 1,074m² corner allotment in a prime Ulverstone location
  • Immediate income potential with long-term tenants and strong rental demand
  • Historic 1925 construction with character and charm, beautifully maintained
  • Outdoor spaces include undercover decks and a large communal backyard
  • Close proximity to town centre, schools, shopping, and medical services

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Ensuite
  • Waterfront / Views
  • Secure Parking
  • Home Office / Study
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Ulverstone is a vibrant coastal town renowned for its relaxed lifestyle, scenic waterfront, and strong community spirit. Key points include: proximity to beaches and parks, excellent local amenities, a growing rental market, historic charm blended with modern conveniences, and easy access to regional transport links.

What are the current rental incomes for each unit, and is there scope for further rent increases?
The property is currently leased to long-term tenants, generating a gross rental yield of approximately 4.94%, with potential to increase returns to around 6.3% based on current market conditions.
Are there any planning restrictions or zoning considerations for future development or modifications?
The property is on a single title with three self-contained units; potential buyers should verify local zoning regulations and any planning restrictions with the Ulverstone council.
What are the maintenance requirements given the property's age and historic status?
While the property has been well maintained, prospective buyers should conduct a thorough inspection to assess any ongoing maintenance needs related to its historic construction.
Are there any easements, covenants, or shared facilities that could impact use or development?
The property shares common grounds and outdoor spaces; buyers should review title details and consult with local authorities regarding easements or covenants.
What are the potential risks related to flood or bushfire in this area?
Ulverstone's coastal location generally presents low flood risk, but buyers should consult local hazard maps and assess bushfire risk based on the property's specific site conditions.
Are there any hidden costs associated with maintaining the historic features of the property? Has the property been upgraded to meet current building codes and safety standards? Are there any existing or pending planning applications that could affect the property? What are the strata or community management arrangements, if any? Is there any history of pest or structural issues that should be disclosed? Are there any restrictions on future modifications or extensions due to heritage status? What are the zoning regulations regarding potential subdivision or development? Are there any nearby construction projects or developments that could impact the property? What are the noise levels and neighbour relations in this area? Is the property located within a bushfire or flood-prone zone according to official maps?

8 Alexandra Road, Ulverstone, Tas 7315 - More Details

$899,000 - $949,000

Type
Duplex/Semi-detached
Bedrooms
7
Bathrooms
3
Parkings
3
Area
1,074 m²

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