Property Details: • Type: House

• Bedrooms: 2 • Bathrooms: 1

Description: Inspection by appointment only Set in one of Howrah's most tightly held pockets, 87 Tranmere Road is a rare and exciting opportunity to secure a property with truly breathtaking, never-to-be-built-out views across the River Derwent to Mount Wellington. Positioned on a generous 768 square metre allotment, this is the kind of property locals wait years for. Whether you're looking to renovate, rebuild, or explore development potential (STCA), the possibilities here are as impressive as the outlook. The existing home sits elevated on the block, perfectly capturing those sweeping water and mountain views from the kitchen and open plan living area. It's comfortable and full of charm, with a cosy woodfire heating the home, making it ideal to live in or utilise while you plan your next move. Accommodation includes two bedrooms, both with built-in wardrobes, and a central bathroom with a shower over bath. What truly sets this property apart is its position. Backing onto the Tranmere Coastal Reserve and just moments from the waterfront walking trail, it offers a lifestyle many aspire to, but few attain. You're also conveniently close to popular schools, Shoreline Shopping Centre, Glebe Hill, local beaches, and parks all within easy reach, and under 20 minutes to the Hobart CBD and airport. With general residential zoning and outstanding potential, this is a genuine opportunity to create something special in a blue-chip location. Opportunities like this are few and far between so if you've been waiting for the right one, this could be it. Currently tenanted at $510 per week, offering immediate return Updated wiring providing added peace of mind New flooring throughout enhancing comfort and appeal Elevated allotment designed to maximise the outlook Scope to renovate, rebuild or develop (STCA) Positioned alongside the Tranmere Coastal Reserve Generous landholding in a tightly held locale Year Built: 1950's Roof: Iron Council Rates: $2,338 approx. Water Rates: $1,700 approx.