41 Ormond Street, Bellerive TAS 7018

4 bed ensuite | panoramic water views | architect-designed | renovated | Bellerive primary catchment This property presents a competitively strong offering, distinguished by its architect pedigree and discreet, high-quality renovation which is rare in its vintage. The four-bedroom configuration with a main suite ensuite, combined with an elevated position capturing panoramic views, serves a buyer seeking a permanent family home with inherent prestige and scarcity. It is best suited to an owner-occupier who values design integrity and a stable, high-demand school catchment. The principal risk is the premium priced into the renovation and architect premium, with limited comparable sales data to validate the asking price against recent market movements. The opportunity lies in securing a turnkey property in a tightly held location, where land value is underpinned by elevation and views. The commercial logic supports a long-term hold to amortise the renovation cost, making it a sound primary residence rather than a short-term investment.