Vacant possession available from mid December. Nestled within this highly sought after city fringe locale this residence is currently utilised as two immaculately presented two bedroom apartments. The large land size adds the potential to develop the property into a two apartment strata (STCA). The easterly aspect allows for the first rays of morning sun to fill the rooms with warmth and light while the panoramic vista stretches across the city and the Derwent river. Only a short stroll to the bustling North Hobart ‘Cappuccino Strip’ this property is within a 5 minute trip to the Hobart CBD and the vibrant waterfront precinct. Showing a strong rental history this property presents with a number of options, whether you leave it as two apartments, develop it as a Strata complex, or turn it into a beautiful family home.
Appraised yield: $860 per week Council Rates $3728.55 pa Water Rates: 1533 pa Built 1960
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