39-41 Second Avenue

West Moonah TAS 7009

369 m²

1332 m²

Block of units

Currently for sale - view listing

Overview

Exceptional Investment Opportunity with Development Potential

Opportunities of this calibre are rarely offered to the market. Positioned in a highly sought-after West Moonah location, this outstanding property comprises four fully renovated one-bedroom units plus a separate five-bedroom residence, creating an exceptional investment opportunity with multiple income streams and future development potential. The spacious five-bedroom home enjoys its own fully fenced private yard, providing excellent separation from the units and appeal for owner-occupiers or tenants alike. Every dwelling within the complex has been tastefully renovated, allowing purchasers to benefit from a ready-made investment with no immediate work required. Set on a substantial 1,332sqm parcel of land, the property boasts magnificent water and mountain views, ample off-street parking, and significant scope for future growth. Subject to Council approval (STCA), there is potential for further development of additional dwellings and the opportunity to strata title the existing residences, adding further value and flexibility. Property Highlights: • Four fully renovated one-bedroom units • Separate fully renovated five-bedroom home • Private, fully fenced yard for the main residence • Stunning water and mountain views • Large 1,332sqm allotment • Extensive off-street parking • Strong investment and income potential • Development potential for additional dwellings (STCA) • Opportunity to strata title existing dwellings (STCA) • Popular and convenient West Moonah location Whether you're an investor, developer, or looking to secure a unique property with substantial upside, this is a rare opportunity not to be missed. Contact me today to arrange your inspection. Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.