1/1 Nicholas Drive, Sandy Bay TAS 7005

The options on offer at this unique property are endless. Being positioned in one of Sandy Bay's most exclusive streets and surrounded by high end luxury properties, this property is sure to satisfy your needs.

Currently being used as an income generating machine with the configuration providing effectively two apartments a top each other. Both with good sized living spaces their own separate access and parking. Over the last two years the home has been used as accommodation for short term stays such as AIR BNB along with some permanent rentals.

If you are seeking a property that can provide a great cash flow and long term capital growth then look no further, with an annual income exceeding $70,000 per year. The Furniture that you can see throughout the photos potentially will be included in the sale so you can seamlessly continue on the current set up if desired.

For home owners who are looking to slip into the Sandy Bay life style then this fabulous property ticks all the boxes. With breath taking views over the river Derwent and beyond, capturing all day north easterly sun will allow home owners to feel warm and completely comfortable within this home. The multiple main living spaces are light and sun kissed. The accommodation consists of up to four bedrooms, two bathroom two kitchens and two living areas.

Flowing of the upstairs main living area is a balcony perfect for summer drinks and BBQ'S. Downstairs is a private synthetic turfed court yard offering additional outdoor living space. A double garage provides safe parking, storage and fruit trees complete the package.

The construction comprises of brick and a concrete slab this will provide low maintains over the forth coming years.
Secure this beautiful home to downsize in to or allow yourself to tap into the investment buzz which surrounds the ever increasing tourism market in Hobart.

Inquire directly to secure an inspection.