But only those with vision and a passion for restoring period architecture to its former glory need enquire, as this Georgian cottage needs more than just a lick of paint and new carpet a full scale restoration is required.

Green Lane Cottage is on the tourist route between Hobart and the West Coast – it is about one hour’s drive north-west of Hobart and two and a half hours from Queenstown – which makes it ideal to fix up and establish as a tourist accommodation venture.

In its current state, Green Lane Cottage is not habitable as there is no plumbing or internal wiring; there is however, power to the property. Some restoration work has been started such as the internal sandstone walls have been re-pointed and one fire place has been restored.

This one is not for the faint hearted but if you’re prepared to roll up your sleeves now to reap the rewards later, at offers over $85,000 you can’t lose. So much character, so little money.