Occupying a first-class location at the bottom end of King Street, steps away from Marieville Esplanade, this near level 740 square metre site enjoys dual frontages to King and Marsden Streets. This incredible land holding is improved by a single storey free-standing Federation era residence with fabulous street appeal. This is the last block of its kind in this coveted location. Enjoying highly prized dual frontages, this superbly proportioned site offers the new owner, subject to the usual approvals, the opportunity to subdivide and build a new dwelling(s) with access off Marsden Street or undertake a significant renovation to the existing home, capitalising upon its north facing rear yard, and wide Marsden Street frontage. The home presents well, yet offers scope for renovation and extension. It presently features two double bedrooms, a wide central hallway with polished Tas Oak flooring, formal lounge with bay window, bathroom, laundry and an open plan kitchen-meals area with french doors opening onto a covered timber deck favoured with a northerly orientation. Outside the property includes garden/storage sheds, carport, concrete sealed driveway and established gardens including a large vegetable growing area complimented by established fruit trees. This is an outstanding location within old Sandy Bay, meters away from Marieville Esplanade waterfront reserve, close to: playground, the Royal Yacht Club of Tasmania, the Derwent Sailing Squadron, the University of Tasmania, Sandy Bay shops (including major supermarkets), nearby Battery Point village and much more. Last sold in the early 1970s, this is a once in a lifetime opportunity to capitalise upon a dual access land holding within an absolutely prime Sandy Bay location. The property will appeal to renovator owner occupiers, investors and developers alike. For sale via Expressions of interest. Outgoings (p.a.): Council Rates: $2,868.32 Tas Water: $1,001 (fixed charges)