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Overview
Built in 1955, this substantial double-brick home situated in one of Sandy Bay's most established locations offers a unique blend of tradition, potential, and scenic appeal. Positioned on approximately 792 square metres of elevated land, the property captures panoramic views spanning the River Derwent, the Tasman Bridge, and the Eastern Shore, all while benefiting from excellent sunlight and privacy.
The home's interior, though reflective of its era, is in excellent condition after careful maintenance and recent upgrades including a newly painted roof, new gutters, roof insulation, and mains gas hot water. The living areas center around a generous lounge that seamlessly opens to a concrete patio, ideal for sun-soaked relaxation or entertaining while enjoying the outlook. Beneath the carpet, authentic Tasmanian Oak floorboards hint at the home’s character and renovation potential.
The accommodation comprises four spacious bedrooms and two bathrooms on the main level, providing ample space for family living or guest accommodation. Additional flexibility is found downstairs with a separate rumpus, study, or studio space, alongside extensive under-house storage and workshop areas. Notably, there is a section suited for use as a wine cellar, appealing to hobbyists or those seeking extra storage for valued collections.
- Robust double-brick construction on a sizeable 792m² block
- Four bedrooms and two bathrooms at main level
- Expansive river, bridge, and Eastern Shore views
- Sunlit private patio adjoining the lounge for outdoor enjoyment
- Original Tasmanian Oak floorboards offer heritage charm and renovation opportunity
- Versatile downstairs rumpus/studio with large storage and workshop space
- Single carport suited for various vehicles including trailers or small boats, plus additional off-street parking for three cars in tandem
- Modern heating and cooling with mains gas heater and reverse-cycle air conditioning
- Well-maintained gardens requiring minimal upkeep
This property equally suits families seeking generous space to grow, downsizers maintaining ample accommodation and storage, or buyers keen on a thoughtful contemporary update. Its combination of original solid construction, authentic flooring, impressive river outlook, and extensive outdoor spaces provides an excellent foundation for multiple lifestyle needs.
Additional considerations include annual council rates of approximately $3,625 and water rates around $1,000. The estimated rental income is between $750 to $800 per week, making it attractive for investors considering future rental opportunities.
Local Market Insights
In Sandy Bay, Quiet Listings observed 7 new houses entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $1,573,571. The property type mix of listed properties is predominantly Houses at 58%, followed by apartments (17%), and units (8%). The most active agency for houses in the Sandy Bay area is currently Elders Real Estate, representing 57% of new listings, followed by LJ Hooker with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Sandy Bay TAS 7005
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