331 Park Street, New Town TAS 7008

Bursting with charm, character and potential, this home is guaranteed to excite a wide range of savvy buyers. Built in 1925 and set on an expansive 918sqm block, renovators will adore the period features on show while developers will recognise the enormous potential of this centrally located property (STCA).

Even before stepping inside, it's clear this home is truly unique from the elegant front porch to the mature rose gardens. Inside, there are multiple living zones on offer along with three generous bedrooms and 1.5 bathrooms.

Tall ceilings and an abundance of natural light ensure the home feels bright and spacious and, with some cosmetic updates, could be restored to its former glory. Ornate cornices and ceiling roses elude to the home's history while a slow-combustion fireplace, electric heating and upgraded wiring ensure complete comfort.

In the heart of the home sits the spacious dining and living zone just waiting for your next gathering with friends plus there is also a formal lounge room with built-in storage. Both the main bathroom and kitchen are a great size and in need of some modern updates to create the comfortable spaces you have always wanted.

There's a sunroom plus an additional powder room off the rear of the house while a detached laundry, multiple storage rooms and a 6.1 x 4.2m garage add functionality to the property. There's also ample under-house storage on offer.

Whether you're looking for subdivision potential or complete redevelopment (STCA), the spacious 918sqm block is packed full of potential.

The site is just a short walk from bus stops, shops and services while the Sacred Heart College, Ogilvie High School and The Friends' School - Morris Primary are all within easy reach. The centre of Hobart is also only a six-minute drive away adding to the appeal of this extremely rare opportunity.