29 Giblin Street Lenah Valley, TAS, 7008

Dual-income opportunity with scope to add value

Set on a generous allotment in a tightly held Lenah Valley location, this property presents a rare opportunity to secure a home with genuine dual-income potential and outstanding scope to add value.

The main residence comprises four bedrooms, all with wardrobes, an updated kitchen and living areas with recently repolished timber flooring. Heating and cooling to the main home is provided by a reverse-cycle air conditioning unit.

The one-bedroom studio has previously been rented separately and adds real flexibility to the property. This space features a light-filled living area with high raked ceilings, feature timber paneling and excellent natural light, opening out to a deck. While currently open to the main residence, the layout allows for the studio to be re-separated if desired. A separate reverse-cycle air conditioning unit services the studio.

There is no denying parts of the home require maintenance and updating with the external weatherboard needing repainting/restoration, however the property provides a solid base for buyers prepared to renovate and capitalise on the potential on offer.

Positioned just minutes from Lenah Valley's village hub, with easy access to shops, cafés, schools and the Hobart CBD, this is a property that will appeal to buyers looking for upside, flexibility and long-term value.

A smart option for investors, renovators or owner-occupiers seeking a property with genuine potential in a proven location.