A quiet look behind the curtain.
Recent acquisitions in Tasmania, secured for our clients.
A selection of properties the founders have purchased on behalf of investor clients across Tasmania in recent months. Real contracts, real numbers. Addresses, owners, and ownership structures are withheld to protect our clients' privacy. What remains is the part that matters to you: where we bought, what we paid, and the income each property is built to produce.
Prepared privately for Joanna & Michael Sobremonte
5.15%
Blended market yield
The acquisitions
Four properties, four deliberate decisions.
I
Secured March 2026
Glenorchy TAS
Contract price$727,700
3 bed1 bath1 car1,017 m² land
Initial market yield
4.54%
$635/wk, house as purchased
→
Projected with granny flat
~5.9%
$1,170/wk combined income
Granny flat strategy underway · +$535/wk
The largest land holding of the group at over 1,000 m². The owner is building a self-contained granny flat (around $300,000) to create a second income on the same title. That lifts the projected gross yield from 4.54% toward 6% and adds equity on completion, turning the lowest headline yield of the group into one of its strongest income plays.
II
Secured March 2026
Glenorchy TAS
Contract price$668,000
4 bed1 bath2 car556 m² land
Passing yield
4.44%
$570/wk sitting tenant
→
Market yield
5.29%
$680/wk appraised
+0.85% rental upside on re-let
III
Secured February 2026
Ulverstone TAS
Contract price$450,100
3 bed1 bath1 car435 m² land
Market yield
5.20%
$450/wk appraised on lease-up
Purchased with vacant possession in a tightly held North-West coastal town.
IV
Secured March 2026
Bridgewater TAS
Contract price$440,500
3 bed1 bath2 car343 m² land
Passing yield
5.19%
$440/wk sitting tenant
→
Market yield
5.90%
$500/wk appraised
+0.71% rental upside on re-let
Reading the numbers
Passing yield is today. Market yield is the runway.
Where a property came with a tenant already in place, we show two figures. The passing yield is the return on the rent the sitting tenant pays today. The market yield is the return at the rent the managing agent has assessed the property can achieve once the lease resets.
The gap between them is built-in income growth that does not depend on the market lifting. Where a property was bought with vacant possession, we show the appraised market rent on lease-up, so you are comparing like for like.
Quietly built, one good decision at a time.
Every property above was researched, negotiated, and secured by the founders on behalf of a client.