1&2/49 Regent Street, Sandy Bay, Tas 7005

Offering a rare combination of two separate, self-contained residences on a single title, this distinctive Sandy Bay property presents a versatile opportunity for investors seeking dual-income potential or owner-occupiers looking to accommodate extended or blended family members. With the option to purchase fully furnished, it also offers the convenience of a ready-to-enjoy home or a furnished rental opportunity in a highly sought-after location.

Freshly painted inside and out, both units feature contemporary furnishings, neutral finishes and abundant natural light. Modernised kitchens provide sleek cabinetry, practical layouts and breakfast bars, while a combined rental appraisal of $1,400 per week ($72,800 annually) highlights the property's flexibility, whether for multigenerational living or occupying one unit while renting the other.

The ground-floor unit features an open-plan living and dining area, where polished timber floorboards and classic wall panelling create a warm, character-filled atmosphere. The adjoining modernised kitchen is appointed with white cabinetry, quality appliances and a breakfast bar for casual dining. Accommodation comprises two bedrooms, including a spacious main bedroom with an original decorative mantelpiece. The contemporary bathroom incorporates a shower over the bath, vanity and toilet, while a separate European laundry adds everyday practicality. Entry is available from the front via the bedroom foyer, with a sunlit timber porch at the rear providing an additional outdoor space.

The first-floor unit offers two bedrooms, each with built-in wardrobes and an adjoining study, providing valuable flexibility for working from home or additional storage. The light-filled, open-plan living and dining area features timber-look flooring, a decorative mantelpiece and ample room to relax or entertain. The adjoining modernised kitchen combines white cabinetry with a contrasting grey tiled splashback, quality appliances and a breakfast bar. The bathroom includes a bath with an overhead shower, vanity and toilet, with provision for laundry facilities. Completing the layout, an elevated timber balcony provides an inviting outdoor retreat with views across the surrounding neighbourhood.

Together, the two units provide comfortable, independent accommodation suited to a variety of living arrangements, from housing extended family or guests to pursuing rental opportunities.

Outside, low-maintenance surrounds and off-street parking for up to four vehicles add further convenience. Reverse-cycle heating and cooling provides year-round comfort, while the option to retain or remove the furnishings allows the next owner to tailor the property to their needs.

Conveniently positioned close to the University of Tasmania, local schools, cafés, shops and parks, the property also offers easy access to Hobart's CBD. Combining two self-contained units with a well-connected Sandy Bay address, this is an appealing opportunity for buyers seeking flexibility, functionality and a range of lifestyle or investment options.