Historic home with a head for business

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1 Lincoln Street, Sandy Bay. Picture: SUPPLIED

THE street appeal of this fully renovated 1850s heritage-listed home is as beautiful as it gets.

In Tasmania’s leading suburb, this property offers three single-bedroom dwellings in one.

This beautifully renovated and restored property melds old-world charm, country style and modern design, and provides an outstanding income in the heart of Sandy Bay.

Each of the apartments has its own unique floor plan. Expect modern kitchens and bathrooms with high-end finishes, including integrated appliances, quality fixtures and fittings. The bathrooms are fitted with heated towel rails and under-floor heating.

A cook’s haven.

Charms of yesteryear.

Come wintertime, the gas fireplaces will add warmth and ambience.

A home of this era would be incomplete without a showcase of stunning original features, and this property has that in spades.

There are original polished timber floorboards, high ceilings, picture rails and ceiling roses.

Known as The Barn, The Manor and The Maid, the latter apartments feature a quaint front veranda.

The gardens are beautiful, and there are three individual decked sitting areas.

So comfortable.

The property is currently managed as short-stay accommodation, with strong occupancy rates and returns.

The location is in the heart of Sandy Bay and on the doorstep of Salamanca.

There is off-street parking for three vehicles.

The sale of furniture and furnishings is available by negotiation.

No.1 Lincoln Street, Sandy Bay is listed with Petrusma Property at “Offers over 1.25 million”.

CoreLogic figures show 134 houses and 93 units were sold in Sandy Bay in the 12 months to the end of December.

In that time the median house price increased by 3.3 per cent, and houses lasted 17 days on the market before being sold.

Compared with three years ago, Sandy Bay’s median house price is up by 34.8 per cent. And compared with five years back, it has grown by a whopping 54.9 per cent.

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