2/114-116 Bindaree Rd, Legana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 410m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Positioned in a quiet, well-maintained complex, this immaculate brick unit offers a smart, set-and-forget investment opportunity in one of Northern Tasmanias most consistently in-demand suburbs.
Currently tenanted until September 2026 with a long term tenant, this is the perfect addition to your portfolio with immediate income and long-term security already in place.
Inside, the home presents beautifully with a light-filled, neutral palette and a practical floorplan designed for easy living. The open-plan kitchen and dining space flows seamlessly to a private outdoor area, while the living room provides comfort and flexibility.
Both bedrooms are well-proportioned with built-in robes, serviced by a central bathroom complete with separate bath and shower. A single garage with internal access and a separate laundry add further convenience.
Outside, the low-maintenance gardens and private courtyard create an inviting space for tenants to enjoy without the upkeep.
Located just minutes from Legana Shopping Centre, local cafes, doctors, and schools, and only a short drive to the Tamar Valley wine region and Launceston CBD, this is a location that continues to attract strong rental demand.
The size of Legana is approximately 31.9 square kilometres. It has 5 parks covering nearly 0.5% of total area. The population of Legana in 2016 was 4029 people. By 2021 the population was 4719 showing a population growth of 17.1% in the area during that time. The predominant age group in Legana is 50-59 years. Households in Legana are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Legana work in a professional occupation.In 2021, 82.20% of the homes in Legana were owner-occupied compared with 82.10% in 2016.
Legana has 2,485 properties. Over the last 5 years, Houses in Legana have seen a 50.93% increase in median value, while Units have seen a 50.22% increase. As at 30 April 2026:
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