SoldJun 30, 2016

8 French Street, Sandy Bay, TAS, 7005

Amount undisclosed

4
2
2
140 m²
491 m²

House

30+ days on the market

Sold: Jun 30, 2016

What's around 8 French Street

Great Renovation Opportunity in Sandy Bay!

Located in the Heart of Sandy Bay, close to the University of Tasmania and handy to the Hobart CBD is this "in need of love" well proportioned home. The home is well placed on the sunny high side of the street with Derwent River views and privacy assured. This property is perfect for continued rental investment or as a large family home. The flexible multi-use floor plan can accommodate up to 5 bedrooms if needed. There are also 2 bathrooms, one that contains laundry facilities, a large sunny kitchen and an open plan living area. NBN has also been installed. The home has been used a rental property for many years and is suitable to rent out pretty much as-is. But perhaps the biggest opportunity is to renovate as a family home. Renovation opportunities in premier suburbs are becoming less and less as buyers scramble to secure a home and add value to it over time. With interest rates at record low levels, now is the time to secure property as the market continues to strengthen. The block is a manageable approx. 491sqm with an existing driveway off Alexander Street. The positioning of the home will allow for multiple off-street parks or construction of a garage or carport (STCA). Certainly an opportunity not to be missed.

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