Combining character elements, including high ceilings and timber floorboards, with practical contemporary updates, this four-bedroom, two-bathroom home offers comfortable family living and an appealing investment opportunity. Currently tenanted for $650 per week, it provides an established residential asset on a substantial corner allotment.
The functional layout includes a kitchen and dining area with contemporary cabinetry, generous bench space, a large pantry and stainless steel appliances, including a dishwasher. A separate living room with reverse-cycle air conditioning provides a comfortable second living zone, while four bedrooms and two bathrooms offer flexibility for families and tenants alike.
Outside, generous lawn and garden areas extend across the property's elevated and varied terrain. A single lock-up garage and additional off-street parking add everyday convenience, while the scale of the landholding sets this property apart from many comparable homes.
Conveniently located near the shopping precincts of Glenorchy and Moonah, the property is also close to local schools, reserves and recreational facilities. Tolosa Park offers an extensive natural setting for walking and outdoor activities, while Hobart CBD is approximately 15 minutes away by car.
Zoned Inner Residential, the substantial corner site presents an opportunity to consider the property's longer-term possibilities alongside its existing residential use. Subject to council approval and relevant planning requirements, the land may have potential for a four-dwelling development (STCA), making the scale and corner position particularly noteworthy.
For investors, the existing tenancy provides an established starting point, with the additional prospect of exploring future development potential. Owner-occupiers may appreciate the comfortable home and generous grounds, while purchasers with a longer-term outlook can consider the opportunities presented by the underlying landholding.
Combining established accommodation, a convenient location and potential for future redevelopment, this is a versatile property offering more than one avenue for value.
Heating: Reverse Cycle Air Conditioner
Year built: 1925
Council rates: $2179.00 Per annum approx.
Fixed water rates: $1218.00 Per annum approx.
Rental estimate: $640.00 - $680.00 per week
