15 King Street, Sandy Bay TAS 7005

Occupying a first-class location at the bottom end of King Street, steps away from Marieville Esplanade. This incredible land holding is a 662 square metre site with a free standing two-storey Federation era home.

Apart from it's coveted location, this superbly proportioned site offers the new owner, subject to the usual approvals, the opportunity to build an additional dwelling or undertake a significant renovation to the existing home. The home presents well yet offers scope for renovation. It presently features four large bedrooms, a wide central hallway, separate bathroom and laundry, a combined kitchen-meals area and separate living room.

Key features:
- Ideal location
- Fully tenanted
- Rare investment opportunity
- Development potential

Built: 1910
Construction: Weatherboard
Council Rates: Approx: $3,500 pa
Rental Estimate: Currently rented at $850 per week.

This is an outstanding location, meters away from Marieville Esplanade waterfront reserve, close to: playground, the Royal Yacht Club of Tasmania, the Derwent Sailing Squadron, the University of Tasmania, Sandy Bay shops (including major supermarkets), nearby Battery Point village and much more. The property will appeal to renovator owner occupiers, investors and developers alike.