SoldJul 4, 2019

1/6 Fraser St, New Town, TAS, 7008

$400,000

2
1
1
112 m²

Apartment

•

30+ days on the market

Sold: Jul 4, 2019

What's around 1/6 Fraser St

Fantastic investment or owner / occupier opportunity

Constructed in 1895 and established as a boot factory, "Kensington" was much later transformed into an apartment complex now comprising of 7 separate dwellings. These units are now available separately representing an outstanding opportunity for investors or owner/occupiers to acquire a solidly built, character-filled building offering reliable return and immense potential. To be sold in stages, each of the 7 apartments has a fully equipped eat-in kitchen and spacious separate living room. Apartment 1 has 2 double bedrooms and apartments 2 - 7 have 1 double bedroom each. All apartments have a bathroom with shower over bath and laundry facilities. 2 apartments have a private balcony and another 2 on the ground floor have a private terrace. Behind its impressive historic façade the property is in good condition throughout. Original features remain in situ with timber panelling and an ornate staircase in the foyer area, original timber doors and picture rails all giving the complex character and soul. Positioned on an allotment of 650 sqm, there is space for at least five off street car parks at the rear of the property. Whether you choose to leave it as is or realise further potential gains through a renovation, "Kensington" presents a fantastic opportunity for the astute investor.

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