7 Beach Road
Sandy Bay, TAS 7005

"Newland" offers a rare opportunity to acquire a significant waterfront residence in Hobart, located directly opposite Nutgrove Beach within an exclusive foreshore enclave. This substantial Federation-era home is notable for its architectural importance, impressive scale, and exceptional potential for future development or restoration.

Built around 1910 for a jam manufacturer, the residence is part of a select group of historic homes that illustrate the early suburban growth of Sandy Bay. It features many hallmark elements of Federation architecture, including rendered brick walls, large bay windows, intricate timber work, stained glass, dormer windows, and an expansive verandah, all contributing to its commanding presence on the street.

Inside, the property maintains grand proportions throughout, providing a superb base for restoration or conversion into a high-quality residence. In recent years, it has functioned as a medical and allied health facility, offering versatile options for future use, subject to necessary approvals.

An additional benefit is the existing commercial lease for a small pizza restaurant on the premises, which generates holding income without affecting the main residence's integrity or potential. The lease spans five years, with a gross annual rent of $57,000 plus GST.

Situated just meters from Nutgrove Beach and the scenic walking trails along the River Derwent, the location is highly sought after and well-regarded in Sandy Bay. It is conveniently close to top schools, Sandy Bay Village, the University of Tasmania, and Hobart's central business district, making it a rare lifestyle opportunity.

Properties of this magnitude, historical significance, and waterfront location are seldom available. "Newland" represents a unique chance to own a landmark Federation home in one of Tasmania's most prestigious coastal areas.