Commanding 438m2, art deco brick building, 4 expansive luxury apartments, 1 title, superb location.

This property offers one astute investor the chance to purchase a unique, double brick, 1940's art deco building with four incomes.

This beautiful ultra-expansive new town icon boasts a commanding position in such an exclusive enclave of its prestigious city fringe suburb. Each apartment is as spacious as many entry-level free-standing homes. Properties such as this so rarely come to market, particularly in this location.

This property has undergone an elaborate three-year renovation under the tenure of its current owner. The sheer style of each upgrade blends perfectly with the original 1940's deco features. Mains gas is connected and utilised for heating, cooking and hot water. Each fabulous kitchen is equipped with high end European appliances, mostly Smeg. All bathrooms boast elaborate ornate floor to ceiling tile work with colour selection and style second to none.

Original features include amazing art dec timber doors, both at entry-level and throughout, period light fittings, fire surrounds, curtain shrouds, steel windows frames and period door handles.

The sheer size of each apartment must be seen to be appreciated with 2 spacious bedrooms in each, particularly the master. Each expansive lounge room faces north and captures unrestricted sunshine from that aspect, with both dining and kitchen areas perfectly located for a pleasant entertaining experience.

Each apartment benefits from off street parking, easy access and enjoys a diverse scenic outlook over historic New Town, with several also capturing Derwent estuary views, one in particular with an outlook over a host of suburbs, Derwent Estuary and Eastern Shore coastline.

The location itself is ultra-convenient within ten minutes walking distance of North Hobarts restaurant strip, all within just a five-minute drive of Hobart's C.B.D itself. Multiple income upgraded properties such as this rarely come to the market in walk to the CBD locations.

Talking all of the benefits of this amazing, well located, income-producing property into account, we believe that it will pass quickly from for sale to sold.

features

  • Area Views
  • Car Parking - Surface
  • Carpeted
  • City Views
  • Close to Schools
  • Close to Shops

overview

  • 1P0212
  • Expressions of Interest
  • Block of Units
  • For Sale
  • 26 Augusta Road New Town TAS
  • 8
  • 4
  • 4
  • 438 sqm
  • 776 sqm
  • 4
  • $1,600 Per Year
  • $5,200 Per Year