29-31 Smith St, Wivenhoe is a 7 bedroom, 3 bathroom House with 2 parking spaces and was built in 1952. The property has a land size of 1669m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Rarely does a property with this level of flexibility and potential come to market. Set across a generous 1,669m (approx.) block, zoned General Industrial, this unique offering at 2931 Smith Street Wivenhoe presents a standout opportunity for investors, developers, or those seeking multiple income streams. With two separate dwellings on one title and a substantial fenced section at the rear of the property, the scope for further development (STCA) is considerable.
The location and zoning provide a wide range of options, making this an attractive purchase for those who can see beyond the ordinary. Whether you're looking to secure strong rental returns immediately or plan a longer-term strategy to maximise the block's future potential, the foundations are already in place.
29 Smith Street
31 Smith Street
The second dwelling is a charming three-bedroom, two-bathroom weatherboard home with plenty of appeal. High ceilings enhance the sense of space, while the updated kitchen and modernised main bathroom ensure practicality. Like its neighbour, it enjoys a fully fenced yard and single garage, making it both comfortable and convenient.
Together, these two homes deliver excellent rental potential while still leaving room to explore further development options at the rear of the property. With dual dwellings already established, you can generate income from day one while planning for the future.
Properties offering this combination of land size, zoning, and versatility are few and far between. This is your chance to secure a truly unique investment in a convenient Wivenhoe location.
Please note that as one of the properties is currently tenanted a minimum of 48 hours' notice is needed for inspections. Don't miss out on this rare dual-home package contact Amy Davidson today for more information or to arrange your inspection.
DISCLAIMER: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters
The size of Wivenhoe is approximately 1.5 square kilometres. It has 5 parks covering nearly 39.9% of total area. The population of Wivenhoe in 2016 was 220 people. By 2021 the population was 235 showing a population growth of 6.8% in the area during that time. The predominant age group in Wivenhoe is 50-59 years. Households in Wivenhoe are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Wivenhoe work in a labourer occupation.In 2021, 59.30% of the homes in Wivenhoe were owner-occupied compared with 54.00% in 2016.
Wivenhoe has 225 properties. Over the last 5 years, Houses in Wivenhoe have seen a 79.33% increase in median value. As at 30 November 2025:
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