48 Derwent Park Road

Derwent Park TAS 7009

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 ceilingsFreshly rescrewed, resurfaced, and painted roof - neat and low-maintenance for years to comeUpdated kitchen with newly installed gas stove and sunny aspectReverse-cycle air conditioner providing year-round comfortLow-maintenance yard with paved entertaining area and garden shedConvenient location close to Bunnings, Moonah's restaurant and shopping district, schools, and local servicesEasy access to Hobart's Intercity Cycleway for cycling north or southOn high-frequency bus routes with regular services to Glenorchy and the cityTake advantage of this unique opportunity to secure a commercial-zoned property in a prime location. Develop now or hold for future growth, STCA. The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.