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22 Star Street
Sandy Bay TAS 7005
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22 Star Street Sandy Bay TAS 7005

  • Hotel, Motel, Pub & Leisure
  • 382 m²
  • For Sale, $2,500,000 Plus

A Unique, Luxury Accommodation Business Opportunity in the Heart of Sandy Bay

    Welcome to an extraordinary opportunity to own and operate a prestigious accommodation business in the highly sought-after, central Sandy Bay precinct. This unique property presents four exquisite luxury apartments on a single title, perfectly suited for those seeking a thriving investment. With its prime location, exceptional amenities, and stunning surrounds, this property offers endless possibilities for a successful accommodation venture, in-demand permanent rental housing or lifestyle living and supplementary income combined (STCA). Explore the additional value add opportunities with the potential to seek council approval to strata title each unit separately.

    Originally constructed in 1945, the upper apartments offer a touch of Art Deco architectural charm with curved walls and a sophisticated design. The impeccable attention to detail extends to the convict stone look features, paved outdoor areas and steps, and the painted brickwork. The lower apartments, which are accessed off Jersey Street, were developed in 2005 to exacting standards. The landscaped gardens surrounding the property add to the ambiance, creating an unforgettable experience for every guest.

    Apartment 1:
    This tasteful residence offers a blend of comfort and convenience, providing a haven for guests to unwind and relax. With its spacious living/dining area, fully equipped kitchen, covered carport, paved courtyard and private French balconies with panoramic views, guests will revel in the luxury and tranquillity of this near city, two bedroom, two bathroom retreat.

    Apartment 2:
    A more affordable option for the discerning traveller, apartment 2 is a compact one bedroom one bathroom residence with a private lock up garage and a spacious stone patio, also with outstanding views.

    Apartment 3:
    Apartment 3 has two ensuited bedrooms and a garage. Hardwearing, tiled flooring is a practical yet attractive feature of this spacious, two storey townhouse. With its stylish dark stone benchtops in the kitchen, stainless appliances, hydronic heating and seamless indoor-outdoor flow to the private patio, this residence provides a peaceful place to rest after escaping the hustle and bustle.

    Apartment 4:
    Prepare to indulge in the epitome of luxury with Apartment 4. Guests here enjoy three bedrooms, two down with a shared bathroom and the master upstairs with ensuite, plus there's a lock up garage. From the gourmet kitchen with wine fridge and Miele appliances, to the lavish bedrooms, modern polished concrete flooring and hydronic heating, every aspect of this residence exudes sophistication and comfort. The wraparound balcony can be accessed by two sets of doors off the living area, and it offers beautiful views across the character rooftops of Sandy Bay to Wrest Point Casino, and the boats sailing in the Derwent.

    Property Highlights:
    • Four luxurious apartments on a single title, ready for an accommodation business
    • Prime location in the prestigious heart of Sandy Bay
    • High-end finishes and amenities, some furnishings
    • Private balconies, courtyards, and terraces for guest relaxation
    • Captivating views of Sandy Bay, River Derwent, and beyond
    • Meticulously landscaped gardens for guest enjoyment
    • Close proximity to popular attractions, shops, restaurants, and waterfront activities
    • A thriving and sought-after accommodation market in Tasmania

    Unlock the potential of this remarkable property and embark on an exciting venture in the flourishing accommodation industry in Southern Tasmania. With its luxurious apartments and prime location, this property offers the perfect foundation for a successful and profitable business. Don't miss this chance to own a lucrative accommodation business in the exclusive and desirable heart of Sandy Bay.

    Contact us today to explore the possibilities and arrange a private viewing.

    Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

    Property Highlights

    Floor Area382 m²
    Land Area491 m²
    Parking5 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityVacant
    Virtual TourView Tour
    Property ID2018609263
    Category
    Last updated  14 Mar 2024
    Map for 22 Star Street Sandy Bay TAS 7005

    Property Highlights

    Floor Area382 m²
    Land Area491 m²
    Parking5 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityVacant
    Virtual TourView Tour
    Property ID2018609263
    Category
    Last updated  14 Mar 2024

    Co-Agents

    Helen Lehane
    Helen Lehane
    First National Kingston
    Call
    0400 339 054
    Belinda Mudge
    Belinda Mudge
    First National Kingston
    Call
    0411928026

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