Bellerive 58-58A Cambridge Road

Wolf Property proudly presents for sale 58 and 58A Cambridge Road, Bellerive.

Nestled in the heart of the iconic Bellerive Village, this fully renovated property offers a unique blend of residential and commercial opportunities. The upper level features a beautifully appointed two-bedroom apartment, previously used as residential/short-term accommodation returning $68,100 per annum. Whilst the ground floor hosts a long-term commercial tenant, providing a steady income stream.

The upstairs apartment is a private oasis, with two spacious bedrooms, each fitted with king-sized beds and built-in robes. The modern bathroom exudes style, with a walk-in shower, floor-to-ceiling tiles, a vanity with a stone benchtop, and a discreetly concealed laundry.
The living area captures breathtaking views of Bellerive Marina, Kangaroo Bay, and the dynamic Kunanyi/Mount Wellington.

The gourmet kitchen showcases stone benchtops with waterfall edges, high-end Siemens European appliances, dual ovens, an induction cooktop, a dishwasher, and a two-door fridge with ice and water dispensers.
Additional luxuries include three split-cycle air conditioners, two wall-mounted smart TVs, and a assortment of designer furniture.
Large glass stacking doors open onto a spacious tiled deck, perfect for soaking in the stunning panorama.

The ground floor is currently leased to long-term tenants for $39,927 per annum plus GST.
The basement level presents a large, lockable storage area ready for your creative use*. An underdeveloped parcel of land attached to the property offers further potential*.

Surrounded by vibrant restaurants, shops, and eateries, and just a two-minute stroll to the Derwent River Ferry terminal, this is a truly rare and desirable property. Opportunities like this don’t come along often.

For more information or to arrange an inspection, contact Ruth Malcolm.
The property is for sale by Expressions of Interest closing Monday the 4th November 2024 at 5pm (AEDT).

*The Vendor retains the right to accept an offer prior to the closing of the Expressions of Interest period.
* Subject to council approval