Apartment 405/1 Sandy Bay Road, HOBART TAS 7000
Offers over $395,000
For Sale

Property Details

Beds: 1 Baths: 1


Located in a well-known part of historic central Hobart, this fully furnished, secure, split level apartment can be found directly opposite St David’s Park and on the fringes of the Hobart CBD. A pleasant stroll through the park will take you to Salamanca’s shops and coffee houses and the waterfront precinct. Located at the rear of the building, away from the traffic noise of Davey Street and Sandy Bay Road, this perfectly positioned apartment with glimpses of the River Derwent, is one of the quietest in the complex.

This little gem is an investors dream or will make an ideal inner-city residence and is one of only two split level apartments in the building.

The 4th floor apartment comprises an upstairs lounge with TV, sofa bed and chaise longue under the window, dining space, a kitchenette complete with a bar fridge, dishwasher and convection microwave oven. The bathroom, on the entry level, has a shower, toilet and basin, and doubles as a laundry area with the inclusion of a washer/dryer combination. Downstairs the large bedroom area with high ceiling features a king size bed, wardrobe, TV and cabinet and chaise lounge. The apartment is kept warm with two Daiken heat pumps, one on each level.

Managed by one of Australia’s leading accommodation chains, Accor/Mantra, this fabulous apartment offers a great opportunity for any investor with consistently high net income returns. A fair management contract outlining the agreement between vendor and hotel plus all financials is available upon request.

If you have been searching for a set and forget investment, as a new investor starting out or looking to add to your portfolio, it is best you give me a call today to arrange your private inspection.



Nyal Merdivenci
Director P. 0362324999 M. 0408971459