20 Wattle Ave, Lutana TAS 7009

Positioned in the popular suburb of Lutana, just minutes from Hobart CBD and only a short four-minute drive to Moonah's established shopping precinct, this versatile property offers strong appeal for both owner-occupiers and investors. Set on approximately 769sqm, the property captures elevated views toward Mount Wellington and presents future development potential, including the possibility of a second dwelling (STCA). With a self-contained flat already in place, it provides immediate flexibility for dual occupancy, rental income or extended family use.

The main weatherboard home, originally built circa 1942, has been updated to meet modern expectations while maintaining its practical layout. Inside, you'll find a light-filled open plan living, dining and kitchen area, complemented by three bedrooms, including a main with large built-in robe. A well-appointed central bathroom services the home, while year-round comfort is ensured with a reverse-cycle air conditioner and wood heater. The elevated rear deck extends the living space, taking in clear views of Mount Wellington, ideal for everyday use or entertaining and connecting directly to private, established garden. Additional features enhance the property's value and functionality, including updated wiring, insulated ceilings and largely renewed plumbing.

The self-contained council approved flat privately situated (with its own separate power meter), is fully equipped with its own adjoining kitchenette, bathroom and laundry, offering a separate living option that suits rental accommodation, a teenager's retreat or multi-generational living with an expected rental return of approximately $325 per week.