10 Magnolia Rd, Risdon Vale, TAS, 7016

Investment opportunity with great tenants in place!

House
Type
3
Bedrooms
1
Bathrooms
3
Parkings

Last updated on Wednesday, April 15, 2026 ( See property details for 10 Magnolia Rd, Risdon Vale, TAS, 7016)

Offers Over $495,000

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

A low-maintenance, well-positioned family home in Risdon Vale with solar panels, outdoor entertaining, and reliable tenants in place for hassle-free investment.

🏑 Property Highlights

  • Reliable tenants already in place for immediate income
  • Solar panels for energy savings and sustainability
  • Generous block size offering ample outdoor space
  • Covered entertaining area for outdoor gatherings
  • Separate utility space for added functionality
  • Positioned in the growing and high-demand suburb of Risdon Vale

✨ Key Features

  • Garage
  • Carport
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Solar Panels
  • Outdoor Area / Balcony
  • Internal Laundry
  • Waterfront / Views
  • Low-Maintenance Yard
Latest Aerial Imagery Available
10 Magnolia Rd
Risdon Vale, TAS 7016
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$ 29 .00
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Vertical aerial view β€” 10 Magnolia Rd
10 Magnolia Rd — Vertical Aerial  •  Risdon Vale, TAS 7016  •  Nearmap © 2026

Risdon Vale is a growing suburb known for its affordability, family-friendly environment, and strong rental demand. It offers convenient access to local amenities, parks, and schools, making it an attractive location for both tenants and investors. The area is experiencing ongoing development, ensuring long-term growth potential. With a welcoming community and increasing infrastructure, Risdon Vale is ideal for those seeking a balanced lifestyle with investment opportunities.

What are the current rental yields for this property?
The property is currently tenanted until October 2026, providing a reliable income stream, with rental yields influenced by local market conditions and the property's features.
Is the property suitable for future renovations or extensions?
The property has a generous block size and a practical layout, offering potential for future upgrades or extensions subject to council approvals.
What are the ongoing maintenance costs associated with the solar panels?
Solar panels generally require minimal maintenance, mainly periodic cleaning and inspections, which are cost-effective compared to traditional energy sources.
Are there any restrictions or covenants on the property?
All relevant restrictions or covenants should be verified through the local council or title search to ensure compliance with planning regulations.
What are the nearby amenities and transport options?
Risdon Vale offers convenient access to local shops, schools, parks, and public transport, making it a practical choice for tenants and investors alike.
Are there any upcoming council or development plans in Risdon Vale that could affect the property's value or livability? Has the property been inspected for any structural issues or pest infestations? Are there any existing easements, zoning restrictions, or planning overlays on the property? What are the total ongoing costs, including council rates, strata fees (if applicable), and maintenance? Is the property located in a flood or bushfire-prone area, and what mitigation measures are in place? Are there any planned or ongoing construction projects nearby that could impact noise levels or access? What are the terms of the current tenancy agreement, and are there any rent increases scheduled? Are there any warranties or guarantees on the solar panels or other installed features? Is the property compliant with all building codes and safety regulations? Are there any restrictions on future modifications or extensions to the property?

10 Magnolia Rd, Risdon Vale, TAS, 7016 - More Details

Investment opportunity with great tenants in place!

If you're looking for a solid, low-maintenance investment with immediate returns, this one is well worth your attention. Positioned in the growing suburb of Risdon Vale, this property offers a fantastic opportunity for investors, with reliable tenants already in place, meaning you can start earning from day one. The home features three well-sized bedrooms, a central bathroom, and a functional layout with a spacious living area flowing through to the dining and kitchen. It's designed for comfortable, practical living, something tenants truly value. Not only does this home offer comfort and low maintenance, but it also comes equipped with solar panels, helping save on energy costs while living more sustainably. Outside, the property continues to impress with a separate utility space. There's also a garage, carport, and covered entertaining area, adding even more appeal. Set on a generous block, this property offers space, flexibility, and long-term potential. The property is tenanted until 1st October 2026. With strong rental appeal and tenants already settled, this is a smart, hassle-free addition to any portfolio. Don't miss your chance to secure a quality investment in a high-demand location. *The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information. *All timeframes and dimensions are approximates only.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
3

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