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Floor Plans
Montrose

27B Riverway Road

Bedrooms 5
Bathrooms 2
Car Parking 1
Sale

Offers Over $585,000

EXCITING OPPORTUNITY – DUAL INCOME OR LARGE FAMILY HOME

This is a rare opportunity to secure a large property with a myriad of options for expansion and improvement.

This large brick and tile property presents an exciting opportunity for those looking for a great investment or a project, with the capacity to improve the property from one dwelling into two or simply convert into one large family home.

The top level currently accommodates a large 3 bedroom home which is tenanted at $400 per week until September 2022.

The lower level has been utilised as a flat in the past. With some renovations this area could accommodate a large 3 bedroom home also with the scope to receive two income streams. Alternatively with internal stairs available to the upper level this space could be converted into a substantial 5-6 bedroom family home.

Set on a level block of 788m2 with access via an internal driveway, the home is a short stroll from the popular Montrose reserve. Enjoying wonderful water views of the Derwent River and out to the My State Arena and is just a short 15 minutes drive to Hobart and 5 minutes into Glenorchy.

Montrose is a great family friendly suburb, with convenient services and amenities close by including a great bakery, public transport and great schools in the immediate area.

YEAR BUILT: 1976
CONSTRUCTION: Brick Veneer
ROOF: Imitation Tile
RATES: $2700 Approx. per year
HOUSE TYPE: Dwelling & Flat

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