302 Cambridge Road

Warrane TAS 7018

99 m²

946 m²

House

Currently for sale - view listing

Overview

Develop, Invest, Prosper

Set on an expansive allotment in one of Hobart's fastest growing suburbs, this is the kind of property that buyers wait for. With a broad parcel of land, established services and exciting redevelopment potential (STCA), the opportunity here extends far beyond the existing home. Whether you're looking to build multiple dwellings, landbank for the future, or secure a prime development site close to the city, the possibilities are outstanding. The existing three bedroom weatherboard home is largely original throughout, providing a practical holding income opportunity or a solid starting point for those wanting to renovate. With generous living spaces, a functional floorplan, ample off street parking, a large garage and workshop, plus a substantial backyard, you have the flexibility to lease it while plans are prepared, improve it over time, or make way for something entirely new. Development opportunities of this size in established suburbs are becoming increasingly difficult to secure. Located just minutes from Hobart CBD, Eastlands Shopping Centre, schools, parks and public transport, this is a rare chance to secure a significant landholding in a high demand location where today's purchase could become tomorrow's success. • Expansive allotment with development potential (STCA) • Original three bedroom weatherboard home ready to renovate or lease • Outstanding opportunity to develop, invest or landbank • Large, level backyard with excellent future possibilities • Separate garage, workshop and additional outbuildings • Comfortable existing accommodation while planning your next project • Convenient location close to schools, shops and public transport • Minutes from Eastlands Shopping Centre and Hobart CBD • Strong growth suburb with increasing demand for new housing • Rare opportunity to secure a substantial development site in an established location Year Buit: 1955 Construction: Weatherboard Annual Water Rates: $1,000 Approx. Annual Council Rates: $1,260 Approx.