Development potential Views looking over Derwent Park, Moonah, and New Town, this solid 1950s home has a warm and inviting feel. The 845m² land allotment has current council planning approval for a second strata title dwelling, featuring three bedrooms, two bathrooms and parking. The current home has undergone some renovation with a contemporary kitchen and updated bathroom, fully re-wired, along with a substantial decking area. The home is positioned at the back of the block overlooking land owned by Glenorchy City Council. Unusual for the era, the main entry of the property faces the rear, however this also benefits with the property making the most of the view, and a strong morning sun. The layout features central hall, three bedrooms, separate lounge, kitchen and dining, main bathroom and second toilet outside. The kitchen is a neutral tone, with Bosch appliances including stainless steel dishwasher. Plans for the additional development can be viewed and we are happy to email an external sketch and floor plan. A rental appraisal of between $450.00 and $500.00 per week has been completed for the main dwelling, and between $600.00 and $700.00 per week for the new build, creating a strong return as an investment. This property will appeal to investors, first home buyers and downsizers. It is within walking distance to the many services of the growing Moonah strip. It is close to transport and a very easy commuting distance to both Hobart and Glenorchy.
