58/58-A Cambridge Rd, Bellerive is a 2 bedroom, 2 bathroom Unit and was built in 1951. The property has a land size of 165m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
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 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
The size of Bellerive is approximately 2.9 square kilometres. It has 8 parks covering nearly 20.2% of total area. The population of Bellerive in 2011 was 4,359 people. By 2016 the population was 4,498 showing a population growth of 3.2% in the area during that time. The predominant age group in Bellerive is 60-69 years. Households in Bellerive are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bellerive work in a professional occupation. In 2011, 69.8% of the homes in Bellerive were owner-occupied compared with 68.4% in 2016.
Bellerive has 2,524 properties. Over the last 5 years, Houses in Bellerive have seen a 44.75% increase in median value, while Units have seen a 35.90% increase. As at 31 October 2024:
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