• $500000

48 Derwent Park Rd, Derwent Park TAS 7009, Australia

Commercially zoned and currently being used as a home, this property sits on a site area of approximately 238 sqm in one of Hobart’s most sought-after light industrial and commercial areas. The property has been leased as a residential home, providing holding income.

 

Development Potential: Ideal for immediate development or as a landbank for future investment.

 

Strategic, high exposure location: Situated near the Brooker Highway, offering excellent visibility and access.

 

Surrounding Area: A dynamic mix of commercial, residential, and light industrial properties.

Solid 1920 built double-brick cottage with sandstone foundations and early 1900s charm including hardwood floors, picture rails, and high ceilings

 

Freshly rescrewed, resurfaced, and painted roof – neat and low-maintenance for years to come

 

Updated kitchen with newly installed gas stove and sunny aspect

 

Reverse-cycle air conditioner providing year-round comfort

 

Low-maintenance yard with paved entertaining area and garden shed

 

Convenient location close to Bunnings, Moonah’s restaurant and shopping district, schools, and local services

 

Easy access to Hobart’s Intercity Cycleway for cycling north or south

 

On high-frequency bus routes with regular services to Glenorchy and the city

 

Take advantage of this unique opportunity to secure a commercial-zoned property in a prime location. Develop now or hold for future growth, STCA.