An unparalleled investment opportunity presents itself at 47 Beach Road, Margate, Tasmania. Thanks to Council approval for removal of the existing buildings can be undertaken to facilitate a new development of six multiple dwellings on site. The existing house also offers a fantastic potential of making it your own, renting it out, while also further developing the site (S.T.C.A) The site is on a very slight slope, hence offers easy access and great development potential. The block is located near North West Bay, in a very picturesque setting, with mature trees on one side of the property, which ensures privacy. The existing house has been well-maintained and will suit a family looking for a more relaxed lifestyle. Comfort and warmth of the open plan living/dining room can be attributed to the original mantlepiece with a built-in modern wood heater in the heart of the living room, large windows framing the picturesque view and the natural colour palette throughout. A wall heater in the living room also ensures your comfort in the cooler months of the year. The functional kitchen has been fitted with modern stainless-steel appliances, including electric oven, rangehood, stove, and double sink. Thanks to a clever design, there is a breakfast bar for two, plenty of bench and storage space furnished with elegant cabinetry, including a pantry. There is also an informal dining space behind the breakfast bar for your convenience, as well as access to a separate laundry with a sink and storage. The very spacious master bedroom provides generous space for a king size bed and other furniture. It has been fitted with a built-in for your convenience. The large window allows plenty of natural light, which creates a warm atmosphere, while also capturing the pleasant view of the garden. The second bedroom also provides plenty of space for a king-size bed and additional furniture, while the third bedroom features built-ins, elegant hardwood floor and sufficient space for a queen or single bed. This room could potentially be used as a nursery, home office or a gym according to your needs. The family bathroom features a built-in bath with shower, a single vanity, and separate shower. Adjacent to this is a separate toilet. There are two large sheds in the backyard, one of which can be used as a workshop, a free-standing clothesline and plenty of room for a garden, play equipment and/or development of additional units. There are also two carports for your undercover parking needs. For further information or a private inspection please call Brendon on his mobile. 47 Beach Road, Margate is located in a fast-growing suburb of Kingborough. This very attractive property rests near the Margate Rivulet and magnificent North West Bay, close to multiple State and Nature Reserves. Proximity to the Channel Highway ensures fast and comfortable travel to Hobart CBD, which can take approximately 19 minutes along the Southern Outlet. There are public and Christian schools nearby, as well as parks, shops, and many other facilities. The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information. All timeframes and dimensions are approximates only.