With so many options available it's hard to know how to describe this amazing property in the popular Hobart suburb of Mt Nelson. Set back off the street the immediate impression is one of a well maintained family home. But what waits for your inspection is possibly one of the most exciting opportunities to come onto the market for some time. Consisting of two separate dwellings plus a flat this property could offer the investor a solid source of rental income from all three properties or perhaps you could live in one and reap the rewards from the rent generated by the other two. This home also provides a unique solution for extended families wishing to be close to Hobart in a quiet environment. The layout of the property consists of the ground floor featuring a three bedroom, one bathroom older style home with its main entry at the front of the building Two of the bedrooms have built-ins and the bathroom has a bath, vanity and corner shower with a separate adjacent toilet. The living arrangements include a large lounge plus a generously sized kitchen and meals area with incorporated laundry. A back door leads from the kitchen out onto a patio with pergola. Set behind this part of the property with its own entrance is the one bedroom flat featuring a large living, kitchen and dining area plus a bathroom with bath, vanity and separate toilet. A path leads from the ground floor carport to the rear of the main building with an attractive staircase leading up to the entry for the additional upstairs dwelling. This is quite a contrast to the older parts of the property being a beautifully designed and constructed home taking advantage of its elevated position with the ambience being provided by the canopies of nearby trees as well as the distant water views over the River Derwent. This home has two generously proportioned bedrooms, stunning open-plan living, dining and kitchen area plus a fabulous mezzanine accessed by a staircase in the entrance hallway offering additional living space or perhaps a home office. With a lofted ceiling the living room has wonderful sense of calming space Sliding doors lead out from the dining area onto a private balcony with views towards the city whilst at the front of the living area a doorway opens up on a generously sized deck. The kitchen has plenty of storage space and work surfaces plus a generously sized pantry. The living area also has discreetly hidden storage space as well as some nicely finished built-in details. The bathroom is nicely finished with a bath, vanity and separate shower with the separate toilet and a handbasin positioned just across the hallway. The fitting and finish of this home is first rate and in itself would be a really attractive option for prospective purchasers. In the grounds there is a large greenhouse plus garden shed with established garden plantings as well as veggie garden. A two vehicle carport plus off street parking complete this package. Combined with the other dwelling and flat this property really does become an exciting option. For those unfamiliar with Mt Nelson it has long been a suburb favoured by people working in the city but wanting a bushland lifestyle. It is also very popular with families with several nearby schools and colleges, good public transport links as well as walking tracks, local general store and proximity to the attractions of Hobart, Sandy Bay and the Kingston region. The property is only a ten minute drive to the Hobart CBD and 25 minutes form the airport.