Roll up your sleeves and put on your DIY overalls, you are going to be busy! Or... bring in the professionals and sit back and relax, either way, you can create something special and exciting in this prominent West Hobart location. Currently set up as two separate units, with potential to easily transform the property back into a single residence (STCA). Plans have been completed and are available to create a modern extension to the rear of the property whilst upgrades are made the existing footprint: achieving a substantial four-bedroom, two-bathroom family scale residence (STCA). If you are the savvy investor, perhaps keep the existing units, and complete a renovation to attract the strong rental returns currently possible in this area. Downstairs is currently set up as a one-bedroom unit, with a galley kitchen, separate bathroom, and a stand-alone toilet and laundry that is accessed via the garden. Upstairs is bigger, and currently being tenanted for 220pw, and is set up as a two-bedroom unit. Vacant possession can be made possible if needed. There is shared driveway access to the rear of the property where parking for at least one vehicle is possible. It is such an exciting opportunity; the property could be transformed into a comfortable three-bedroom home inside the current footprint or extend and achieve something of a larger scale. It just needs the right vision, and you can then capitalise on the beautiful character and dress circle location that already exist at this property. It is easy to see why this location is so popular, everything you will need and want is right on your doorstep. Close to cafes, the Hill Street Grocer, the local 'award winning' butcher, numerous parks, great schools, and walking distance to the CBD. This location is all about convenience, offering a vibrant lifestyle and a great community vibe. For further information or to arrange a private inspection, please contact Ben Vance. Council rates $ 2,900 per annum approximately Water rates $ 1,000 per annum approximately