Yes it needs work!
But it does have Derwent River water views and it stands on a 539m2 block right on the bus stop.
The home has 2 large bedrooms and a large living area with sliding door access to the front of the house. The galley style kitchen incorporates enough room for a small dining setting or with a complete remodel it can be a substantial kitchen. Underneath there is loads of storage and a single car garage.
This is definitely one that needs your imagination and roll your sleeves up as there is a lot of cosmetic work to do, but you will reap the rewards once it shines like a new penny.