Situated in Sandy Bay and walking distance to all major amenities, this classic 1910 weatherboard property offers more then what meets the eye. Offering dual income and potential for further development (STCA) this is an attractive opportunity for an investor willing to roll up their sleeves.
Currently split as three separate units: two, one-bedroom units and a bedsit, with great potential to renovate, add value and collect a strong market return. Originally constructed as a single dwelling, the opportunity is still there to reconvert this amazing property back into a family home with studio (STCA), the options are endless.
Each unit is generously sized featuring; one spacious bedroom, kitchen and living area, along with a well sized bathroom combined laundry space.
There is a communal neat and tidy sunny rear backyard with a shared clothesline. Additionally, this would make the perfect fully fenced yard for the children or family pet to play safely if reconverted to a family sized home.
Located among prestige schools and parks and only a two-minute walk to the iconic Sandy Bay Village and a further six-minute drive to the CBD. If you're looking for that strong return as an investor, then look no further as you have the chance to enjoy this property in a premier location.
For further information or to arrange a private inspection, please contact Rob Henry.
Council Rates: $2,700.00 per annum (approx.)
Water Rates: $1,000.00 per annum (approx.)
Currently rented for a total of $920 per week (approx.)
Property ID: #L19548258
