Enjoying a North Easterly aspect with beautiful water views across New Town Bay, this humble 1950's home is packed with potential on the city fringe. Comfortable as is with plenty of scope for capital improvement, the floorplan comprise of two good-sized bedrooms, kitchen with meals area, tastefully updated bathroom, and a spacious lounge looking across to the river views. The home is warm and inviting through all seasons with the inclusion of a reverse cycle heat pump and an ambient gas heater in the living. Outside, the secure rear garden offers a safe play area for children and pets. The deliberate planting of pittosporums at the front of the property provides a leafy privacy screen from the street. With easy access via the Brooker Highway to the city, North Hobart's bustling restaurant strip and Moonah's vibrant community centre, this home occupies a prime position. Currently tenanted at $360 per week until September 2022, this impressive property is well suited to astute investors. With economists predicting Hobart prices to increase 15% over the next 18 months, this is also a great opportunity for owner occupiers to secure the home at today's prices, collect the rent now and move in later. **As this property is currently tenanted, the advertised open home times are the ONLY available times to view this property**