$735K Waterfront Shack Generating $70K Annually Listed for Sale
In Primrose Sands, Tasmania, a charming two-bedroom waterfront retreat, known as ‘The Lady’, is now on the market for $735,000. This unique property offers a less-than-$1 million entry point to the waterfront and is located approximately 30 minutes from Hobart. With breathtaking views of Gypsy Bay and Frederick Henry Bay, the retreat provides direct access to a nearby jetty through a private gate.
Property Highlights
- Price: $735,000
- Location: 121 Linden Road, Primrose Sands, Tasmania
- Size: Two bedrooms
- Built: 1964, using recycled materials
- Annual Earnings: Approximately $70,000 from short-term rentals
This colorful shack reflects an eclectic design influenced by British seaside aesthetics. Vendor Alison describes the home as a “labour of love,” deeply tied to her family’s memories. Renovated while raising three children, the property combines creativity with practicality, aimed at creating a warm atmosphere for guests.
Interior and Design
Alison intentionally diverged from the conventional neutral design trends in Tasmania. Her aim was to infuse the home with vibrant colors and patterns, making it feel less serious and more whimsical. The interior includes a cozy wood heater ideal for the chilly Tasmanian winters.
This retreat is well-suited as an Airbnb, with earnings exceeding $70,000 in 2025, reflecting a trend of increasing popularity. Notably, the winter months showed unexpectedly strong demand, with guests enjoying features like a cedar hot tub overlooking the Tasman Peninsula.
Outdoor Features
The grounds feature beautifully landscaped native plants, with Alison personally undertaking the landscaping using eco-friendly techniques. A private gate allows easy access to the water, enhancing the property’s appeal. Wildlife is abundant, with sightings of dolphins, seals, and even echidnas frequenting the area.
A Growing Community
Primrose Sands is evolving from a holiday destination to a thriving residential area. Residents enjoy a nearby café scene and local grocers stocked with Tasmanian produce in nearby Dodges Ferry. Alison notes a delightful local community where family shacks coexist with increasing residential properties.
The Lady offers a unique lifestyle opportunity infused with warmth and creativity. With breathtaking views and a prime location, this property stands out in the current market.
