685 Sandy Bay Road, Sandy Bay TAS 7005

Originally constructed in 1930 this is a very rare offering located in Hobart's premier suburb, Sandy Bay. On one title on offer are two separate self-contained units currently returning $655 per week. This dual income opportunity situated on the corner of Sandy Bay Road and Churchill Avenue will be sure to impress all investors. The property also has the potential to strata title (STCA) due to the fire wall between the units or could also be returned to a large family home.
Unit 1 offers a renovated kitchen with quality stainless steel appliances, spacious living and dining area with a heat pump and a large front deck flowing from here making ideal to entertain with a great view on offer. Accommodation is offered through a master bedroom with walk in robe and access to the bathroom along with a sunny mezzanine 2nd bedroom. These rooms are serviced by the updated bathroom which features a large corner spa bath, separate shower, vanity and toilet. This unit also benefits from the use of the single garage and off street parking.

Unit 2 comprises of a tidy functional kitchen with the dining and spacious living area spreading out from here. The massive master bedroom boasts water views and study area and the other bedroom is located toward the other end of the home. All rooms offer large windows letting in plenty of sunlight and lovely views can be admired from the front of the property. The updated bathroom with shower over the bath and vanity. Other features of the second unit include a security system and shed/workshop.

Sandy Bay is known as one of Hobart's most prestigious areas with some of Tasmania's most expensive and high end real estate. The suburb has a lot to offer with several beaches and parks, sporting facilities, Wrest Point Casino and the University of Tasmania.

The property is positioned in the perfect location, close to all services and amenities including shops, cafes, medical services, public transport and excellent schools. Also within walking distance from two of Hobart's most popular beaches - Nutgrove Beach and Long Beach.

Currently leased for $655 per week
Unit 1 - $325 per week - Lease ending 31st January 2017
Unit 2 - $330 per week - Lease ending 10th March 2017

Year Built: 1930
Construction: Brick
Roof: Galvanised Iron
Heating: Heat Pump
Annual Council Rates: $2,650 approx.
Annual Water Rates: $1,400 approx.

- Two units on one title
- Views of the Derwent River
- Great investment opportunity
- Conveniently located close to everything
- Currently leased for $655 per week