655-657 Nelson Road, Mount Nelson TAS 7007

We are excited to present to the market this intriguing architecturally designed home situated on two titles in one of Hobart's most sought-after suburbs.

A private and tranquil oasis set amongst the gum trees, this large home has scope and potential only limited by your imagination. The flexible floor plans allows for up to five bedrooms, or four bedrooms plus a study, two sunny atriums and multiple living spaces. Currently established as three self-contained areas, the property has been tastefully modernised, with three new kitchens and updated appliances, along with neutral décor and all carpets replaced.

There has also been a significant power upgrade and separate power installed for each flat. Unit no. 1 has gas hot water, whilst the other two units have electric hot water cylinders. Three heat pumps have also been installed for heating and cooling purposes.

With timber features throughout, including beautiful floorboards and exposed beams, this home has character with scope for so much more. There's even water views across the Derwent River looking over to South Arm from the top floor flat.

Looking to find a home with potential to supplement your income or simply invest in one of Hobart's premier locations? There's potential for three separate flats (STCA) and remember there's a second title too.

Situated on the doorstep of the famous Truganini reserve whilst being close to schools, local shops, UTAS, and only minutes from the Hobart CBD, use your imagination and explore the possibilities of this fascinating property. This is not an opportunity to be missed, it is an exciting investment prospect or a unique home suitable for a larger family that will pay dividends for years to come.

For further information or to arrange a private inspection, please contact Ben Vance or Tom Levett.

Council Rates: $2,200.00 per annum (approx.)
Water Rates: $1,000.00 per annum (approx.)
Rental Appraisal:
Unit 1: $340 - 360 per week (approx.)
Unit 2: $300 - $320 per week (approx.)
unit 3: $400 - $440 per week (approx.)