70 Queen Street, Sandy Bay TAS 7005

Harcourts Hobart, on behalf of the University of Tasmania, is offering this outstanding development or investment opportunity situated right in the heart of popular Sandy Bay.

This is an exciting opportunity to acquire a high yielding property with good appreciation potential. Or simply an opportunity to acquire and stratum-title the development with a view of re-selling whilst your holding costs are met with a rental yield.

On offer are four conjoined two bedroom units with two of the same and then mirrored configurations arranged across two floors. They are of a solid brick construction with a tiled roof and aluminium windows that represent low maintenance living.

The properties are being offered with vacant possession at the end of November and have previously yielded $63,122 p.a.

Located just a stone's throw away from bustling Sandy Bay where you have a plethora of cafes, restaurants, shops and convenient amenities.

Expressions of Interest closing 1st August 2016 at 5pm.