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Back 16 Osborne Street
Off Market

16 Osborne Street

Sandy Bay TAS 7005

6
6
7
314 m²
718 m²
Block of units
Chris HuxtableChris Huxtable, last sold this property on 26 May 2025 after 206 days on market.

Overview

Six units - Prime Location - Investment opportunity

This property has not changed hands since it was built in 1960. A reliable asset, the fully leased investment property provides a steady return. The double brick building of six one-bedroom units sits on a generous land area that provides a garage, four carports and two off-street parking bays. The property is on one title. Each unit has a entry way, living room, one double bedroom with built-in robes, kitchen and combined bathroom/laundry. See the floor plan for more details. Well maintained, the property has been rewired with smart meters and wired in smoke detectors. Conveniently situated in a leafy residential area, the property is close to services and amenities. The Sandy Bay Shopping precinct with major supermarkets, cafes and specialty shops is within walking distance. - Building 314.0sqm made up of 6 one-bedroom units - Land 718.0sqm - On one title - Fully leased investment property in a sought after location - Reliable asset with steady returns - Double brick building - Rates approx. $4,300 per annum - Water rates approx. $1,300 per quarter - Rewired with smart meters - Meter boxes: mainboard and sub-boards replaced - Power pole and mainline replaced - Wired-in smoke alarms - NBN connected to all units - Tasmanian Oak floors on ground level - Garage for car & trailer, 4 carports, 2 off-street parks - Prime location in residential area - Close to services and amenities - Walking distance to Sandy Bay shopping precinct - Approx. 7 kilometres from Hobart's CBD - Marieville Esplanade recreation area & beach nearby * The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Features

6 bedrooms
6 bathrooms
7 carspaces
4 carport spaces
2 open car spaces
1 garage space
314 m² floor area
718 m² lot size
Block of units

Estimated Value

We need at least 3 similar 6 bedroom block of units sold in Sandy Bay over the last 12 months.

Property history for 16 Osborne Street

2025
Sold
Undisclosed
26 May 2025 by Chris Huxtable, of Fall Real Estate - North Hobart

Happy sellers in Sandy Bay

69%
69% of sellers in Sandy Bay reported that their sale price either exceeded or met their price expectations.

Sandy Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Sandy Bay over the last 12 months.

Local market activity for 6 bedroom block of units in Sandy Bay

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