Set on a large block – 725m2 - in the heart of Invermay, this property presents a fantastic opportunity for investors or developers looking to unlock its potential. With the option to explore redevelopment (subject to council approval) or renovate and add value, its location and land size make it a highly versatile proposition. Just a short walk from Heritage Forest with its walking trails, playground facilities, BBQ areas and open green space, it also offers lifestyle appeal for future residents or tenants.
Key Features:
• Generous block with development potential (STCA)
• Three bedrooms with low-maintenance floorboards throughout
• Good size kitchen/dining/lounge with wood heater
• Enclosed front porch – ideal as an office or study space
• Separate laundry and storage room
• Good fencing plus garaging for three cars
• Off-street parking for three or more vehicles
• Retains high ceilings and hallway fretwork for added character appeal
• Walking distance to Heritage Forest parklands, trails, playground, BBQ facilities and green space
• Close to Invermay shops, UTAS Stadium, University City Campus, CBD, public transport and local schools
Whether you're seeking a project with solid upside or a prime site for future development (STCA), this Invermay property offers excellent potential in a sought-after, convenient location. With strong demand in the area, close proximity to key amenities, and easy access to parklands, it's a smart choice for the astute investor.
Council Rates approx. $1800 p.a.
Water Rates approx. $1200 p.a.
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