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Whole Property/345 Sandy Bay Road Sandy Bay TAS 7005

  • Development / Land
  • 556 m²
  • Expressions of Interest

DA for 7 luxury apartments on the "Golden Mile"

  • Prestige residential location
  • Recent DA for 7 luxury apartments
  • River Derwent & park views

A rare opportunity to purchase an outstanding development opportunity on Sandy Bay's prestigious "Golden Mile".

The hard work has been done with a recent DA approval for 7 apartments over 4 levels, comprising 1 x 4 bedroom penthouse, 2 x 3 bedroom and 4 x 2 bedroom apartments plus 10 secure basement car parks.

The existing property has strong holding income comprising three apartments currently all leased, made up of a 4 bedroom apartment on each of the upper two levels and a 1 bedroom apartment on the ground floor plus parking.

The property is extremely well located on the much sought after Sandy Bay Road, and enjoys extensive water and park views.

With Hobart's prestige residential market going from strength to strength, this is an opportunity to be strongly considered.

The property is For Sale by Expressions of Interest closing 25 August 2022 at 4pm AEST.

EXPRESSION OF INTEREST

Closing date and time25/08/2022 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area450 m²
Land Area556 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017960828
Category
Last updated  27 Jul 2022
Map for Whole Property/345 Sandy Bay Road Sandy Bay TAS 7005

Property Highlights

Floor Area450 m²
Land Area556 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017960828
Category
Last updated  27 Jul 2022
5 Victoria Street Hobart TAS 7000
George Burbury
George Burbury
Knight Frank - Tasmania
Richard Steedman
Richard Steedman
Knight Frank - Tasmania

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