Back 1/40 Broadwaters Parade
Off Market

1/40 Broadwaters Parade

Sandy Bay TAS 7005

2
1
1
100 m²
Apartment
Last sold for $660,000
Fiona JohnsonFiona Johnson, last sold this property on 26 September 2025 after 24 days on market.

Overview

Commanding Views, Premier Location & Untapped Potential

Perched in one of Sandy Bay's most prestigious and tightly held streets, this solid 1970s residence offers a rare opportunity to secure an exceptional address with truly commanding views across the River Derwent. Enjoy breathtaking panoramic vistas of the Tasman Bridge, cruise liners sailing into the harbour, and watch the Rolex Sydney to Hobart Yacht Race from your living room, kitchen, and private balcony a spectacular setting to take in both day and night. Set in a quiet block of just two, this well-maintained home features oversized bedrooms and solid bones, making it the ideal canvas for your personal touches. Property highlights: * Elevated position with panoramic water views visible from the living room, kitchen, and balcony * Watch yachts, cruise ships, and harbour life from multiple vantage points * Light-filled open plan living, kitchen and dining * Two generous bedrooms with built-in wardrobes * Remote-controlled garage and extra storage * Internal laundry leads out to backyard * One of only two residences no body corporate fees * Blue-chip location with mesmerising views This is a rare opportunity to enter a tightly held enclave of Sandy Bay, combining lifestyle, views, and long-term potential capital growth. Approximate annual outgoings. Council Rates $1,853 Water Rates $1,160 Rental Appraisal - $560 - $595 per week

Features

2 bedrooms
1 bathroom
1 carspace
100 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Sandy Bay over the last 12 months, the estimated median property value of 1/40 Broadwaters Parade is $735k.

Median value
$735k
Estimated value range
$455k - $1.63m
Median days on market
24
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sandy Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/40 Broadwaters Parade

2025
Sold
$660,000
Private Sale/Treaty on 26 Sep 2025 by Fiona Johnson, of CPPM Property Management and Sales
2019
Rented
Undisclosed
Leased on 08 Jan 2019 by CPPM Property Management and Sales

Happy sellers in Sandy Bay

69%
69% of sellers in Sandy Bay reported that their sale price either exceeded or met their price expectations.

Sandy Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Sandy Bay over the last 12 months.

Local market activity for 2 bedroom apartments in Sandy Bay

In the last 12 months, 18 two-bedroom apartments similar to 1/40 Broadwaters Parade, have been sold.

This represents a 16% increase in two-bedroom apartments sales when compared to the previous 12 months.

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