Nestled in one of West Moonah's most desirable pockets, this spacious and versatile property is currently configured as two self-contained three-bedroom units - one on each level - making it an ideal opportunity for investors, multi-generational living, or buyers seeking a flexible layout with long-term potential. Each level features its own private entrance, kitchen, bathroom, and generous living spaces, offering independence and privacy for occupants. Whether you're accommodating extended family, considering a home-and-income setup, or expanding your investment portfolio, this dual-dwelling configuration adds exceptional value and versatility. Adding to its appeal, the property benefits from dual street frontage, creating excellent scope for future development. With the potential for another build at the rear of the property (STCA), this feature significantly enhances both the current and long-term value - a key factor that attracted the current owners to purchase originally. Located on a quiet street just moments from local schools, shopping amenities, and with easy access to Hobart's CBD, the home offers a lifestyle of convenience combined with strong rental appeal. The elevated position captures scenic views across the Derwent River to Mount Direction, enhancing the peaceful, sun-drenched living experience. The upper-level unit includes a north-facing open plan living area with a seamless lounge, dining, and kitchen space, flowing onto a balcony with tranquil river and mountain views - perfect for relaxing or entertaining. Currently leased until July 2026 for a combined $910 per week, this property delivers immediate, stable rental income. Whether you're an investor capitalising on the existing lease, planning to occupy one level while leasing the other, or exploring subdivision and development potential, the options are abundant. Set on a generous allotment, there's scope to renovate, modernise, or further develop - appealing to developers, renovators, and forward-thinking buyers alike. Key Features: - Configured as two self-contained 3-bedroom units (one upstairs, one downstairs) - Each unit includes its own kitchen, bathroom, and private entry -Sought-after West Moonah location in a quiet street - Close to schools, shops, public transport, and Hobart CBD - Scenic views over the Derwent River to Mount Direction - Balcony retreat with elevated outlook from the upper unit - North-facing open plan living with abundant natural light - Currently leased at $910/week until July 2026 - Ideal for investors, dual occupancy, or multi-generational living - Excellent scope for future renovations or development Whether you're looking to invest, nest, or explore development potential, this rare dual-dwelling property delivers location, lifestyle, and lasting value in a high-demand suburb.
