Under instruction from the University of Tasmania, Harcourts Hobart now bring the residential premises of 4 Grace Street Sandy Bay to the market for offers. Comprising a 3 bed 1 bathroom house on 2 levels with substantial basement storage – the rendered brick property is located within the University precinct, adjacent to Sandy Bay Road public transport and a short walk to the Derwent foreshore and Sandy Bay shopping centre.

Set on an approx 700M2 allotment, 4 Grace Street will suit those with a vision for a major redevelopment of the site. The house has suffered subsidence at the back of the property and is appropriately signed by UTas with barriers to prevent entry to potentially unsafe areas.

Visitors to the site enter at their own risk unless accompanied by a Harcourts representative. The house will be advertised for open home access and is safe to enter provided UTas signage is accepted and understood. There are no builders nor engineering reports provided, buyers will need to make their own assessment of the property on a ‘where is as is’ basis.

While ready for a major redevelopment – this listing offers the 3 essential elements for property investment. Location, location, location. Watch the press for open homes or call Jim Playsted 0437 222600 at Harcourts Hobart for an inspection appointment.