21 High Street, Bellerive TAS 7018

This distinctive three-bedroom art deco home sits on a huge 1355 square metre block, which is where the true potential in the value of the property lies.

While any sub-division of the property at 21 High St is still subject to Council Approval, the land size can potentially accommodate two townhouses at the back of the block with a common driveway. Better still, the location has the potential to provide any new properties with gorgeous water views from upstairs, which only adds to the appeal.

The existing 125 square metre home is an impressive, well-maintained family home. The home is particularly spacious, and features two separate living areas that can be used for entertaining, or by simply closing the glass doors, one room can become a parent's retreat. An abundance of natural light throughout the home gives the home a light and airy feel. There are three big bedrooms, all with built-in robes; one main bedroom at the front of the home that provides plenty of privacy, and two other large bedrooms that run off the hallway.

Towards the rear of the home is a big kitchen and dining room that looks out onto an enclosed entertaining area, and is set up perfectly for lazy Sunday afternoon barbies with family and friends. Even if you were to sub-divide the remaining portion of the block, there's a good-sized backyard area that is fully fenced, and easy to manage.

You're close to everything; the water, beaches, local shops, Bellerive Oval, the bustling energy of Bellerive, schools and public transport, while being just a short drive to Hobart.

Recently, the suburb of Bellerive was voted the most popular southern suburb in Hobart, and in terms of property value, it's definitely a suburb on the move. You'll need to be quick with this one.