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.
* Subject to council approval