Apartment 12, The Beeches
60 Hallenstein Street
60 Hallenstein Street
SOLD – 11/10/24
Delivering form, function and flexibility as an owner-occupied home or a fully managed investment for short term accommodation, Apartment 12 at The Beeches impresses on every level.
Cleverly configured over 3 levels, the top floor offers spacious and sunny open-plan kitchen, living and dining where the emphasis is on the spectacular lake and mountain views showcased with full height stacker doors opening onto a generous balcony with both a north and west aspect.
The middle/entrance level features 2 bedrooms, both with ensuite plus garaging with internal access.
Downstairs features a kitchenette, second living area which can double as a fifth bedroom plus another large bedroom all leading out to a large landscaped courtyard area and lawn complete with spa pool. This floor can be utilised as a self-contained one-bedroom flat as has full bathroom and laundry under the stairs.
Fully consented for 365 visitor accommodation, the property is currently configured as one residence with 5 bedrooms and is managed for short term accommodation delivering excellent returns.
The property earned a gross income to owner for YE March 2024 of circa $147,000 delivering a net to owner of circa $90,000 (excl GST) after all costs.
Apartment comes fully furnished – chattels list available on request.