Located in the heart of the Huon Valley, this property offers excellent investment potential with opportunities for additional income and development (STCA). Ideal for large families, it features a main house, an ancillary dwelling, and a versatile four-room studio which is great for those working from home or pursuing hobbies such as art, yoga, or pottery.
Situated on a 7,160m² site, this property has fantastic unit or subdivision development potential (STCA), while the house features three ample-sized bedrooms, each equipped with built-in wardrobes. The primary bedroom offers extra space, ideal for a study or reading nook. The main bathroom includes a bath, and a separate toilet which provides convenience for busy households and the internal laundry features a shower, making it functional and practical for everyday use. The home features verandahs at the entrance and the rear, allowing you instant sheltered access to the outdoors. Enjoy the winter sun streaming through the large north facing window in the dining area, perfect for morning coffees or unwinding after a long day.
Alongside the main house is a council approved ancillary dwelling featuring three bedrooms, a living space, kitchen and sheltered outdoor verandah overlooking a quaint cottage garden, complete with a bathroom and washing machine nook.
There's also a very functional separate four-room studio equipped with kitchen and bathroom facilities. This cottage-like space is tucked away, perfect for those needing extra space. Large north facing windows that trap the heat of the winter's sun provide a great place to work from home, pursue hobbies or to use for additional storage.
The residence is surrounded by beautiful fruit trees, creating a serene environment away from the hustle and bustle of city life. The property is only a 5 minute walk to the township of Cygnet and is in close proximity to the local Cygnet Primary School, Tennis Club, and Bowls and Community Centre. It is located only a 15 minute drive to Huonville and approximately 50 minutes to Hobart.
Cygnet is the centre of the Huon Valley's fruit-growing heritage such as apples, cherries and berries. The main street is lined with galleries, craft shops, restaurants, pubs and cafes. Cellar doors surround the area such as Hartzview Vineyard, Two Bud Spur Vineyard, Sailor Seeks Horse Vineyard, and Pagan Cider. Each January, Cygnet is also home to the Cygnet Folk Festival which hosts 400-500 musicians and approximately 6,000 attendees.
Currently, the house is tenanted at $460 per week on a six-month lease expiring in February 2025, while the ancillary dwelling is tenanted at $350 per week on a month-to-month lease.
Council Rates: $2,933pa approx.
Water Rates: $1,483pa approx.
Short Term Rental Appraisal can be provided upon request.
