10/7 Derwentwater Avenue
Sandy Bay, TAS 7005

Overview

10 / 7 Derwentwater Avenue

Set in one of Sandy Bay's most sought-after areas, this solid brick unit presents a unique opportunity to acquire a low-maintenance property just a short distance from the waterfront, the University of Tasmania, and the lively Sandy Bay shopping precinct. Nestled privately within a small complex, it offers the lifestyle that buyers desire in a location that consistently demonstrates strong long-term demand.

Inside, the residence features a practical and inviting layout with a bright living area that captures leafy street views through a large bay window. The kitchen is tidy and functional, providing ample storage and counter space, while two well-sized bedrooms are served by a central bathroom that includes laundry facilities. Outside, a spacious paved courtyard offers valuable outdoor space that is often hard to find in similar units, along with convenient off-street parking.

The property is currently tenanted on a non-fixed lease at $440 per week, providing flexibility for both investors seeking immediate rental income and buyers looking to move in at a later date. Whether you are aiming to enter the Sandy Bay market, secure a smart investment close to the university, or enhance the property's value over time, this unit represents a significant opportunity in a market where demand consistently exceeds supply. With its robust construction, private outdoor area, and unbeatable proximity to the water, shops, and cafes, this property is sure to remain in high demand.

*Please note that some images have been digitally staged with furniture for illustrative purposes only and may not accurately reflect the scale or dimensions of the rooms. Un-staged images of the property are available upon request.

Location