Step out of the rental market and into the coveted Sandy Bay property market, this entry level studio is now on offer! Walk, catch the bus or ride your scooter to university or work, this compact gem is located on the second floor of the exclusive waterfront Maning Reef complex, and easily accessed from the main lobby. Investors take note, this studio could fetch a healthy return with an estimated $19K per annum as a rental. There are plenty of renters seeking affordable accommodation so close to Long Beach, Sandy Bay, UTAS and the centre of Hobart. Water glimpses from the modern, compact kitchen, polished concrete floors and a concealed 'pull down' style bed are just some of the features that make this 29sqm studio an attractive prospect for first home owners, investors or anyone wanting a city 'bolt-hole' for regular visits to Hobart. The common laundry on the ground floor is available to residents with coin operated washing machines for added convenience. There are also picnic tables located in the common areas for residents to enjoy alfresco fish and chips, a morning coffee or just a sunny place to watch the passing yachts and sunrises. Features: * Polished concrete floors * Space saving fold out bed * Storage locker for bulky items such as golf clubs * Modern compact kitchen with water glimpses * Built in desk with bar stools perfect for meals on the go or a handy workspace * Sale includes mattress, sofa, bar fridge and microwave * Well maintained complex with buoyant sinking fund • Water Rates: Approx. $867.60 p.a. • Council Rates: Approx. $1,188.51 p.a. • Body Corporate: Approx. $1,972.70 p.a. • Rental Appraisal: $375 per week
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