1 Orana Place, Taroona TAS 7053

5-bed family home | 675m² elevated parcel | Derwent River views | quiet street near shore | established garden This property presents a rare configuration for Taroona, combining five bedrooms on a generous, level block with direct river outlooks—a scarcity in this suburb. The 1968-built house offers substantial internal space at 255m², serving large families or those seeking multi-generational living, with its peaceful, private setting and proximity to the shoreline providing a lifestyle premium. The lack of environmental overlays simplifies due diligence. The primary risk is the single bathroom for a five-bedroom layout, which caps modern family appeal and may pressure future resale value unless remedied. The asking range aligns with the estimated market value, indicating limited negotiation headroom. Acquire for long-term holding as a principal residence; the land component and views underpin its resilience. Consider a bathroom renovation as a strategic upgrade to unlock full value. Recent comparable sales in Taroona are noted in the data, though specific figures for direct comparisons are incomplete. The sale of 2 Utiekah Drive and other general activity confirms ongoing demand in the suburb. For this property, its larger block size and bedroom count position it above the typical three-bedroom stock, suggesting its price point targets a premium, niche segment of the market.