sandy bay 59-61 York Street

  • photos
  • map
  • floorplans

potential blue chip investment

Buyers looking in the $495,000+ (each) price range
  • 4
  • 8

Buy one or buy both! On offer is an almost unheard of opportunity to acquire either one or both of these generously proportioned co-joined homes. Perfectly positioned in a sought after pocket of Sandy Bay, these could make an impressive addition to your investment portfolio. Set across two titles, each dwelling comprises two separate apartments each allocated fifty percent of the 782m2 north facing allotment they are positioned on.

59 York Street:

The total floorplan of 59 York Street is 165m2 separated into two separate dwellings. Like 59, the upper level accommodates a kitchen and spacious living and dining room, three double bedrooms (one with BIR), a fourth bedroom or sunroom/study and a central bathroom and combined laundry.

The lower level consists of a bedsit apartment with a bathroom, laundry facilities and a north facing living area. The combined rental income of 59 York Street is currently $510 per week.

61 York Street:

The total floor area of 61 York Street is 172m2 separated into two separate dwellings. The upper level accommodates a kitchen and spacious living and dining room, three double bedrooms (one with BIR) a fourth bedroom or sunroom/study and a central bathroom and combined laundry.

The lower level offers a two bedroom apartment with open plan living, dining and kitchen in addition to a bathroom and laundry facilities. The combined rental income of 61 York Street is currently $610 per week.

Fit for purpose and perfectly suited to their current use, you could add these properties to your portfolio as is, or alternatively renovate or upgrade to further increase the weekly rental return. There is of course also an extraordinary opportunity to purchase both dwellings and convert them to one substantial family home on an impressive allotment (STCA). Close to the York Street Store, public transport, UTas, local schools and the cafes and restaurants of Sandy Bay, with an unsurpassed location, the potential for these offerings is unlimited.

reference: 523438
building size: 337.00 sq m
property type: Residential
land size: 782.00 sq m

more information