This solid brick and tile Sandy Bay property is perfectly located in a quiet spot well away from busy Churchill Avenue and provides for a sunny aspect with views of Sandy Bay and Mt Wellington.
Currently being utilised as quality residential student accommodation, the property returns over $800 per week rent and is easily managed. Each student has a separate lease in place and included in the sale is the web site (www.hobar tstudentaccommodation.com.au), domain name, whitegoods plus all furniture and linen. The simple systems used will be transferred to the new owner ensuring the rental success maintained over past years will continue.
Being on a public bus route as well as so close to the University and Sandy Bay shops and services, provides for a strong rental history.
The very large double garage under the property has HCC approval and permits are in place to be converted into a two bedroom studio complete with kitchenette and bathroom.
We have obtained all information in this document from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
