11 Somerton Crescent, Derwent Park, TAS 7009

Well-presented and recently renovated, this three-bedroom home is located on a large and level approx. 971m2 parcel of land with wide (approx. 3m) driveway access & ideally suited to strata development*.

Currently occupied by an excellent long-term tenant, the property is returning $500 per week until January 2025 with scope to extend.

The home features an open plan kitchen, dining and living area, three generously sized bedrooms, and central spacious bathroom, as well as a separate toilet for added convenience. Also, a large laundry with direct external access further complements the practical layout of this home.

Stepping outdoors into the large rear yard, you will find established hardy trees, a small shed and also a large shed.

Importantly though, benefiting from 'General Residential' zoning and totally approximately 971m2 of level land, this low-maintenance and affordable home or investment property would make an intelligent development opportunity with scope for two additional dwellings*.

? Renovated kitchen and bathroom

? Currently tenanted at $500 p/w until January 2025

? Scope for multi-dwelling strata development (STCA)

? On-trend neutral tones throughout

? Three great size bedrooms

? Ample off-street parking and storage

? Close to local shops and public transport

? Less than 10 minutes to Hobart City

Land Zoning: General Residential

Construction: Imitation brick (weatherboard)

Roof: Tile

Heating: Reverse-cycle AC and wood fire

Annual Council Rates: $1,400 approx.

Annual Water Rates: $1,000 approx.

*Subject to Glenorchy City Council approval