Charm on Churchill

HOW often have you driven past a character home on a blue-ribbon street of Sandy Bay and thought: “I would love to own that property”?

Well, here is your opportunity. And it is an all-too-rare one as this home has not been offered to the market in its 61-year history.

Located on sought-after Churchill Avenue within walking distance to The Hutchins School, Waimea Heights Primary School and the University of Tasmania’s Sandy Bay faculties, this brick residence radiates character and the charms of its era.

The greenery twining its way across the brickwork enchants immediately, even before you enter the main part of the home.

The upper level of the 1959-built property is occupied by three bedrooms and a separate living, kitchen and dining room, all serviced by a central bathroom.

Downstairs there is a functioning self-contained unit, most recently leased out, with a full kitchen, bathroom and double bedroom.

The next owner might see its investment potential to accompany the upstairs level as part of a family home or the potential for owner-occupiers to receive a passive income.

For renters it is sure to be a hit in this desirable suburb.

Sandy Bay remains one of Hobart’s most desirable, prestigious and in demand areas.

This property sits well below the suburb median of $940,000 and is in one of the area’s premier locations.

This is an opportunity to purchase and get your foot in the door or to add to your portfolio an asset that’s in an attractive suburb.

Combined with the proximity to premier schooling, the Sandy Bay commercial precinct, Wrest Point Casino, stunning beaches, the property is also only a short distance from the Hobart CBD.

The home would absolutely shine following some TLC and has been priced accordingly, enabling a would-be purchaser to renovate to their requirements.

The agent is anticipating strong interest and suggests interested parties do not delay when arranging an inspection.

The latest data shows Sandy Bay is one of Tasmania’s busiest suburbs for sales volume — well over 120 sales annually — and it has a top-three highest median house price.

In the past year the median has been steady and in the past three years it has increased by about 12 per cent for houses and by almost 10 per cent for units.

REA found that, on average, houses sold after 30 days on the market while units were slightly slower at 36 days.

No.204 Churchill Avenue, Sandy Bay is listed with Knight Frank and priced in the “Mid $800,000s”.

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