344-346 Sandy Bay Road, Sandy Bay TAS 7005

The rarest of offerings: a pair of substantial terrace homes occupying a coveted waterfront position within inner Sandy Bay.
These two imposing Federation era terraces are deceptively large, light filled and airy. Original period features abound: from the impressive Federation façade, to high ceilings, fireplaces with timber mantle surrounds, ceiling roses and high skirting boards. Liveable and comfortable as is, the terraces lend themselves to a renovation to match the prestigious position. The main living areas are north facing and intimate water views incorporating outlook over the DSS and Royal Yacht Club of Tasmania.
The terraces are complimented by off street parking, a solid brick shed fronting the DSS car park (opportunity for commercial use STCA) and fenced rear yards.
The new owner has a multitude of options: sell off one terrace either as is or fully renovated, rent out one or both (currently both are leased), merge the two and into a truly enormous waterfront home, consider more intensive accommodation uses (STCA), etc.
They are not making any more waterfront land, let alone land in a tightly held ultra-convenient location such as this. Overlooking the DSS and the Royal Hobart Yacht Club, yet within close walking distance to UTAS, vibrant Sandy Bay shopping precinct, Wrest Point and leading schools, this is without doubt a first class position.
These properties are being sold off as part of a wider portfolio disposal and represent an outstanding opportunity to acquire waterfront Sandy Bay real estate of substantial proportions at independent valuation.

We expect that individual terraces should sell for around the $900,000 mark!