5/6 Fraser Street, New Town TAS 7008

Constructed in 1895 and established as a boot factory, "Kensington" was much later transformed into an apartment complex now comprising of seven separate dwellings. Unit 5 represents an outstanding opportunity for investors or owner/occupiers to acquire a solidly built, character-filled unit in a building offering reliable return and immense potential. This particular unit receives beautiful sunlight and glorious mountain views with direct access to the rear carpark from your own private deck.

The unit has an excellent spacious fully equipped kitchen, separate living room, a bathroom with shower over bath and laundry facilities.

Behind its impressive historic façade the property is in excellent condition throughout. Original features remain in situ with timber panelling and an ornate staircase in the foyer area, original timber doors and picture rails all giving the complex character and soul.

Positioned on an allotment of 650 sqm, there is space for at least 5 off street car parks at the rear of the property. Whether you choose to leave it as is or realise further potential gains through another renovation, this unit in "Kensington" presents a fantastic opportunity for the astute investor.