Currently tenanted until April 2020 is this masonry brick veneer family home that has served the current owners well as a long term investment property. Situated on a large 881m2 allotment taking in breathtaking views of the Derwent River, the property boasts a northerly aspect and enjoys all day sun. Comprising of a generous size living area complete with reverse cycle heat pump, an original eat in kitchen/dining room, and three generous bedrooms with the main complete with built in robe. The bathroom consists of shower over bath, and the toilet and laundry are separate. Move in at the end of the current lease and enjoy as is, or alternatively add this property to your portfolio and set and forget. Either way you'll be safe in the knowledge that with some internal updating you will not over capitalise in the current market. The current tenants have been in place for 11 years and pay $330pw, however at the end of the current lease term the likely market value rent would be approx $370pw in it's current condition, and substantially more should you choose to renovate. Located just minutes away from all major shopping and services in Glenorchy, and approximately 15 minutes from Hobart CBD this is a fantastic opportunity to purchase at the right price in the current market. Inspections strictly by appointment, be quick!