North-Facing Apartment with Sweeping Derwent Views
Notably north-facing and bathed in natural light, this superbly positioned, sun-drenched apartment is sure to impress downsizers, retirees, first home buyers, and savvy investors alike.
Showcasing captivating views across the River Derwent and Tasman Bridge, and conveniently located close to shopping centres, cafes, schools, the University, and essential services, this ground-floor executive apartment presents an outstanding lifestyle opportunity.
Designed with ease of living in mind, the property will particularly appeal to retirees and downsizers, offering a single-level layout, relatively flat access (with stairs from the carpark), and a peaceful setting surrounded by expansive gardens.
Its privacy, stunning outlook, and proximity to medical centres and the CBD further enhance its appeal. First home buyers will appreciate the combination of affordability, space, and premium location, while investors will be drawn to the strong rental return and long-term capital growth potential in this blue-chip setting. Currently tenanted at $470 per week until 31/7/2026, it provides an immediate and secure investment.
Inside, the apartment features a spacious open-plan living area that seamlessly connects to a charming covered patio—perfect for enjoying your morning coffee while taking in the beautiful river views. The modern kitchen is both stylish and functional, while the generous bedroom with built-in wardrobes ensures comfortable living. A neutral colour palette, quality window furnishings, and warm sisal carpets create an inviting interior that’s ready to personalise. The sleek bathroom is well-appointed, and a large laundry offers excellent additional storage.
Additional features include a designated off-street car space via Churchill Avenue, along with ample on-street parking for guests. Positioned within easy reach of local cafes, shops, Long Beach and Nutgrove Beach, as well as the University of Tasmania’s Sandy Bay campus, you’re also just minutes from Hobart’s vibrant CBD, offering a fantastic selection of dining, shopping, and entertainment options. The property may also be suitable for a small pet, subject to strata approval.
Key Features:
North-facing with stunning river views
Ground-floor position with easy living appeal
Covered patio and established gardens
Open-plan design with neutral interiors
Strong rental return with future growth potential
Built: 1987
Construction: Brick
Council Rates: Approx. $1853 pa
Water Rates: Approx. $952 pa
Body Corporate fees: $N/A pa
Approx. rent return for $430-$470 per week
Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma Property.