The real value of this South Hobart property lies not only in its enviable location, but in the exciting opportunity it presents. Positioned on the peaceful fringe of the city, where the foothills of kunanyi / Mount Wellington begin, this substantial home enjoys a wonderfully sunny aspect, expansive views across Hobart and a tranquil setting that feels worlds away from the bustle below.

Upstairs, the home offers generous proportions with three bedrooms, light-filled living spaces and a large entertaining deck that captures the spectacular outlook. Whether enjoying your morning coffee in the sunshine or unwinding with friends as the city lights emerge, the views provide an ever-changing backdrop throughout the seasons.

While comfortable as is, there is scope for renovation, offering the perfect chance to modernise and create something truly special. The solid bones, generous floorplan and exceptional position provide an outstanding foundation for those looking to add value.

Adding to the appeal is the expansive lower level, featuring two large rumpus rooms and existing bathroom facilities. Subject to the necessary approvals, this space presents an exciting opportunity to create fully self-contained accommodation, ideal for extended family, guests, dual living or supplementary income.

Surrounded by nature yet only minutes from South Hobart's vibrant village cafés, shops, schools and walking tracks, with Hobart's CBD just moments away, this is a location that continues to be one of the city's most tightly held.

Properties offering this combination of position, views, sunshine and untapped potential are increasingly difficult to find. Whether you're seeking a rewarding renovation project or a forever home to transform over time, this is an opportunity to secure a substantial property in one of Hobart's most desirable locations.

Year built: 1962
House size: 198 sqm
Land size: 478 sqm
Council rates: $3,250 per annum approx
Water rates: $1,000 per annum approx