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Offers over $1,500,000

2 BED ·  2  Bath

Two stunning furnished apartments within a AAA residential setting.

Redeveloped to an exceptionally high standard approximately three years ago, these wonderful and versatile apartment suites offer a myriad of options: lease them separately, live in one lease the other, use for bed and breakfast short-stay accommodation, corporate let or convert into a single residence.  

The property more specifically comprises a magnificent studio apartment to the front and a first-class one-bedroom residential apartment with its own separate access and large sun-drenched courtyard to the rear. Positioned on a level, rectangular (196 square metre) allotment within one of the most desirable streets in Hobart’s most exclusive suburb.

Brimming with stunning designer inclusions and features, including: American Oak parquetry flooring, hydronic under-floor heating, Italian mosaic tiles, bespoke joinery, Brodware tapware, Carrera marble bench tops, gas fire-places, plantation shutters, floor to ceiling double glazed stacking sliders opening onto courtyard and much more.

Although operated on a casual basis by the current owners, this is a registered and proven bed and breakfast performer which generated a gross revenue of $109,710 in 2018/19 and $104,820 for 2017/18.  The property is being sold with all its high-quality furniture, exclusive of artwork.

Incredible position, mere steps away from Battery Point’s Hampden Road village and Salamanca Place (via iconic Kelly’s Steps). The perfect launch pad to indulge in a host of lively cafes, Jackman McRoss Bakery, bars, Tasmanian Museum and Art Gallery, leading restaurants, iconic pubs, the MONA ferry terminal, Princes Wharf No.1, home to world class festivals such as The Taste and Dark Mofo, and all within easy walking distance of the city-centre being revitalised by a host of tourism and University developments.

Hobart’s tourism market is booming, population growth is at a decade high and there are unprecedented levels of private and public sector investment. The rental market enjoys the lowest capital city vacancy rate in Australia.

This is your chance to secure a stunning and versatile property, which presents as new, positioned in one of Tasmania’s most vibrant, historically significant and sought-after locations.   

Outgoings:

Council rates: $2,927 p.a.

Tas Water: $ 860 p.a. approximately

Suite 1: 44m²

Suite 2: 75m² (excluding 36m² courtyard)