A fantastic opportunity to acquire this home on a large 861m2 near level block, this property is brimming with potential. Currently offered as one single dwelling that is leased on a month-by-month basis, there is council approved DA (planning application) for an additional dwelling at the rear. With architectural plans, land surveys and some engineering solutions completed for a second 3 bdr/2bth home with great views, you can be ready to start the building process now, making this an ideal investment or development opportunity. The existing home offers open plan living with a modern kitchen with stainless steel appliances, polished floor boards, and three bedrooms, one with walk in robe and another with built in robe. The central bathroom has been updated and the laundry and store room complete the floorplan. A heat pump ensures year round comfort. Current tenants pay $425pw and are keen to stay on. Within just a 5 minute commute to the Glenorchy shopping precinct and a further 15 minutes to the Hobart CBD, and views of Mt Wellington/Kunanyi, get ready to reap the rewards of an amazing location underscoring a brilliant lifestyle. Close to good local schools and public transport, whether you seek to invest, develop or reside, this property provides great value. An exciting opportunity to make your mark in a quiet, established location.