2/1 Riseley Court, Lenah Valley TAS 7008

Centrally located on the city fringe and close to the Kalang Avenue gateway to the northern suburbs, Riseley Court enjoys an elevated position off Bentley and Girrabong Roads.
Representing a solid investment, there is enormous potential to add further value to this conjoined townhouse, constructed in 1977...with minor refurbishment on the upper level and perhaps developing the secure garage space, a massive area with scope to maybe increase the existing footprint. At present there is room for a single car and trailer, however the adjoining workshop and storage area is approximately 43m² giving rise to the possibility mentioned, in creating more liveable space or a studio office, perfect for the now accepted hybrid workplace. Timber floor boards underneath the carpet on the upper level are a real feature and are visible from below.

Lovely Derwent river vistas and a sunny north westerly aspect really enhance this property as does the open position and designated fenced, secure garden. There is even a pocket park come playground adjacent to the property.

There are 2 bedrooms with built in cupboards either side of the entrance hall serviced by a separate laundry and bathroom which includes a bathtub. Retro ceramic tiles are original and classic!

The open plan kitchen living and dining areas are spacious and warm with electric wall panel heating, an abundance of natural light and sunshine permeating the interiors. The kitchen has benefited from an update ,is well appointed and smart with a monochrome colour scheme, some timber panelling for interest, great bench space and storage with access to the garden at the rear. The best views are from here towards the Eastern Shore over Lenah Valley with clear views of the river.

Loads of off street parking and relatively quiet being just a handful of residences in the Court, but nearby bustling Lenah Valley village, on the cusp of New Town in one direction and Moonah in the other direction is super convenient and provides a wonderful sense of community with a choice of cafes, retail and services.

There are reliable tenants in situ with their lease expiring in January 2023. Riseley Court presents a great opportunity to secure a sound 'set and forget' investment and at an affordable entry level or add to an existing portfolio.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.