486 Sandy Bay Road, Sandy Bay TAS 7005

?Shangrila? commands a secluded, private position on the water?s edge where brilliant sunrises and the changing moods of the sky, and the sound of waves breaking will inspire. North easterly aspects ensure long hours of sun and invite you to entertain by the pool or sit and relax on the riverside terrace and watch colourful spinnakers of racing yachts, cruise ships and fishing boats passing by.

The residence is elegantly appointed over two storeys, with sophisticated formal lounge and dining rooms and more casual sunroom and everyday living spaces. There are 4 bedrooms and a large kitchen with morning sun and water views. There is a garage and plenty of off-street parking.

This wonderful property occupies a premier position and is perfect for enterprising purchasers looking for a project to modernize and refurbish. It has unlimited potential to become one of Hobart?s finest waterfront homes. More entrepreneurial buyers will also recognise the potential of converting it to two luxurious apartments.

Properties along Sandy Bay?s prestigious waterfront strip are tightly held and now opportunity knocks! Price on application.