Nestled on the doorstep of the breathtaking Cataract Gorge, this unique 3-bedroom, 1-bathroom property has been in the same family since 1964 when it was won in a fateful hand of Poker. Built on land owned by Henry Reed, who played a pivotal role in the subdivision of Basin Road, this property exudes character and warmth, making it an ideal family home for generations. Property Features: • 3 bedrooms, perfect for your growing family • 1 well-maintained bathroom • A spacious corner block with the option to renovate or perhaps construct two new townhouses • Spectacular vistas and abundant sunshine • Close proximity to West Launceston Primary School • Walking distance to the vibrant Launceston city Imagine the stories this house holds, as it has provided a loving home for the same family for nearly six decades. The children of the family spent their evenings swimming in the basin and exploring the picturesque hills surrounding the area, creating cherished memories that will last a lifetime. The property's prime location is one of its standout features. Only a few hundred meters away from West Launceston Primary School, it offers convenient access to quality education. Moreover, the Launceston city is within easy walking distance, providing you with all the amenities, entertainment, and culture you could desire. Perched on a corner block, this home is not just a place to live but a canvas for your vision. With its potential for further development, you have the opportunity to create your dream living space while preserving the charm that makes this property so special. Embrace the serenity, the views, and the incredible potential that this home offers. Make it your own and continue the legacy of this family home. Schedule a viewing today to experience the magic for yourself!