See the potential and reap the rewards, with two distinct dwellings on one property. With estimated rental return for the private one bedroom flat, with its own driveway and fully fenced backyard, of $250 to $280 per week and $465 to $495 per week for the spacious three bedroom, two bathroom family home. There is potential to increase rental returns with some improvements. Whether you're an owner-occupier looking for additional space, seeking rental income to supplement a mortgage, or a savvy investor wanting to expand your portfolio with a dual income property - here is a rare opportunity not to be missed.

Built circa 1947, the property has a charming street appeal and boasts Tas Oak floorboards throughout. Inside the main house, you'll find a light open plan kitchen and living area with ample room for dining. There is an open fireplace as well as a gas heater to keep the home cosy and comfortable year-round. All three bedrooms are a good size, and there are two bathrooms - one with a shower over bath, vanity and toilet; and the second shower and toilet are incorporated with the laundry facilities.

The one-bedroom flat is council approved and will add undeniable value and functionality for its new owners. A spacious kitchen and living area, bathroom, and NBN connection completes this fully self-contained residence.

Privacy for all residents has been ensured, with individual driveways, entrances and backyards. The house and flat have separate power; there are two enchanting, established yards with plenty of space for outdoor enjoyment, and all the potential that some landscaping and clever garden design could offer.

Moonah's vibrant retail precinct is just 1km away, with shops, services, entertainment, and excellent public transport facilities. Drive to central Hobart in under 15 minutes, and for those who enjoy an active lifestyle, the intercity cycleway is within easy reach. Families will appreciate the proximity to local schools (Cosgrove High is a short walk up the road), and the playground nearby will provide great entertainment for young children.

Offered for sale for the very first time, this unique dual-residence property is ready for its next chapter. A range of purchasers will see the incredible possibilities here - contact Mel today to arrange an inspection and see this remarkable home for yourself.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.