54 Alexander Street, Sandy Bay TAS 7005

Ideally positioned within a minutes walk of the University of Tasmanias main campus, this property has been perfectly refurbished, is fully tenanted and delivers a weekly income of a $1,160.

Spread over two generous levels, this fully renovated and extended property offers buyers the rare chance to secure a premium investment property that has been fully upgraded to Class 1B specifications offering superior student accommodation.

Carpeted throughout, the upper level includes an open plan living and dining area, that leads directly into a contemporary galley-style kitchen, featuring modern, easy care appliances, excellent bench and cupboard space and a tiled floor.

The upper level also includes a reverse-cycle heat pump for year-round comfort, a modern bathroom with Tastic heating, full bath and separate shower. Plus there is a second separate toilet for added convenience. There are six double bedrooms on this level as well, along with access to a timber balcony that overlooks the low maintenance rear yard and enjoys a tranquil bushy outlook.

The lower level is accessed via carpeted internal stairs and includes two more double bedrooms and a second fully fitted bathroom. There is also a separate laundry with rear access and two hot water cylinders ensure the residence has an abundant hot water supply.

A concrete driveway provides rear access and the added flexibility of off-street parking for two cars.

Along with proximity to the University, this terrific property is also positioned directly on a bus stop and is within easy walking distances of local shops, amenities, cafes and restaurants of Sandy Bay Village and regular bus services to the city. Without doubt a fabulous opportunity to invest and enjoy enviable returns into the future.