Opportunities to purchase a property in this location are both rare and highly sought after.

This absolute water front position with title to the high water mark and direct access to the water enjoys the uninterrupted and unparalleled view of racing yachts, ocean liners and frolicking dolphins all combine to enhance the mesmerising views of the Derwent River.

A comprehensive set of approved plans by one of Hobart's leading architects for two architecturally designed state of the art separate houses is also included in the sale.

Positioned in one of Tasmanians most highly regarded locales the potential for this property is enormous. The property comprises a 1960's brick and weatherboard dwelling on a massive allotment. Currently tenanted the home presents an outstanding opportunity for refurbishment or subdivision (STCA). This substantial 5 bedroom home is set on an amazing 1588 m2 of prime water front land.

The current home requires renovation however would suit the family with plenty of lifestyle spaces over three levels. Recent refurbishments to the kitchen and main bathroom areas provide a solid foundation to complete the project.

Offering enormous versatility whether you are a renovator, investor or developer the potential for this property is exciting.