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69 Gepp Parade, Derwent Park TAS 7009

Offers Over $595,000

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$595k - $625k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 609 m² 130 m²

Listed: 10 days ago

Updated: 8 hours ago

Overview

This character home at 69 Gepp Parade sits within one of Tasmania's Northern Suburbs' sought-after waterside precincts. Offering an enticing combination of charming period features and a superb settings, the property extends a unique opportunity for homebuyers, investors, and those looking to embrace a lifestyle touched by waterside appeal yet without absolute waterfront premiums.

Arranged over a generous 609 square meter parcel, the single-level residence retains many traditional design elements such as leadlight windows, soaring high ceilings and beautifully polished timber floorboards that impart warmth and character throughout the home. These features create an inviting internal atmosphere that supports comfortable living and practical use of space.

The home encompasses three well-sized bedrooms, providing versatility for families or first-home buyers. A flexible fourth bedroom or study option may appeal to those requiring additional space or multifunctional living areas. The single bathroom complements the residence’s heritage appeal while maintaining functionality.

Outdoor living is enhanced by a spacious timber deck that serves as a focal point for relaxed entertaining or enjoying sunny days in privacy. Established gardens surround the property, offering children and pets ample play space, while also providing potential for gardening enthusiasts to cultivate fruit and vegetables or personalise with landscaping improvements.

Although not located directly on the waterfront, the property's attractive water views contribute significantly to a peaceful and scenic environment. The site invites the imagination to explore potential renovations or enhancements moving forward, particularly for buyers looking to blend classic character with modern lifestyle elements.

Charming character home with timeless features including leadlight windows and timber flooring
Set on over 600 sqm with an appealing waterside position and water views
Well sized bedrooms suitable for families, downsizers or investors
Generous outdoor deck ideal for entertaining and relaxed outdoor use
Established gardens creating space for outdoor activities and gardening pursuits
Conveniently close to schools, shopping, transport links, and within easy reach of Hobart CBD and Glenorchy

Built in 1916, the property also benefits from reverse cycle air-conditioning for year-round comfort. It presently enjoys a lease until March 2027, delivering a weekly rental income of $520, offering immediate investment returns or the option to plan for future occupancy or capital improvement.

Local Market Insights

In Derwent Park, Quiet Listings observed 16 new houses entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $714,000. The property type mix of listed properties is predominantly Houses at 67%, followed by units (25%), and commercial properties (4%). The most active agency for houses in the Derwent Park area is currently Fall Real Estate, representing 38% of new listings, followed by Raine & Horne with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.