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50 Derwent Park Road

Derwent Park TAS 7009

3
1
92 m²
259 m²
House
Currently for sale - view listing

Overview

Commercially Zoned Character Property

Immediate Income with Future Potential 3 BEDROOMS | 1 BATHROOM | APPROX. 259 SQM | COMMERCIAL ZONING Commercially zoned and currently used as a residential home, 50 Derwent Park Road presents a versatile investment opportunity within one of Greater Hobart's most established commercial and light-industrial precincts. Set on an approximately 259 sqm allotment, the property comprises three bedrooms, one bathroom, a private backyard. The property is currently tenanted, providing immediate holding income while the purchaser considers its longer-term potential. Development Potential Its commercial zoning and prominent Derwent Park Road position may provide scope for future commercial us or redevelopment, subject to all relevant planning and statutory approvals. Key Features * Commercially zoned property * Approximately 259 sqm landholding * Currently leased, providing immediate holding income * Private backyard * Prominent Derwent Park Road position * Established commercial and light-industrial precinct * Convenient access to Moonah, Glenorchy and Hobart CBD * Shared driveway * Potential for future commercial use or redevelopment, subject to all relevant approvals Approximately Council rate: $1,995 p.a Water rate: $ 1,099 p.a Land tax: $2,548 p.a Whether retained as an income-producing investment or secured for its longer-term commercial potential, this property offers flexibility in a tightly held location. Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers should make their own enquiries and seek independent advice regarding the existing tenancy, zoning, permitted uses and development potential. Any proposed use or development is subject to approval by the relevant authorities.

Features

3 bedrooms
1 bathroom
92 m² floor area
259 m² lot size
House

Happy sellers in Derwent Park

74%
74% of sellers in Derwent Park reported that their sale price either exceeded or met their price expectations.

Derwent Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Derwent Park over the last 12 months.

Local market activity for 3 bedroom houses in Derwent Park

In the last 12 months, 11 three-bedroom houses similar to 50 Derwent Park Road, have been sold.

This represents a 10% increase in three-bedroom houses sales when compared to the previous 12 months.

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