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2a Derwentwater Avenue

Sandy Bay TAS 7005

5
2
4
272 m²
569 m²
House
Currently for sale - view listing

Overview

Rare Opportunity - Close to Waterfront- Unfinished Masterpiece with Grand Vision

Set in one of Sandy Bay's most prestigious pockets, just metres from the iconic Wrest Point Casino and pristine beach, this exclusive address offers a rare opportunity to secure a half-completed architectural masterpiece, with a lot of the hard work already done and the builder in place to complete. This is your chance to bring to life a grand four-bedroom, two-bathroom luxury residence with expansive water views and unrivalled potential. With the structure well underway, the project is ready for an astute buyer with vision and the capacity to complete an exceptional home. The Vision: -Architectural plans already approved -Set over two impressive levels with generous living spaces and entertaining areas -Floor-to-ceiling glazing to capture panoramic views of the River Derwent -Multiple outdoor terraces and landscaped grounds -Internal lift provision, double garage, and premium finishes throughout Why This Is a Standout Opportunity: -Estimated $400,000 to complete construction -Completed value estimated between $2.1 - $2.3 million in today's market -Secure a blue-chip position at below-finished market value -Build to your taste, style, and specifications -Prime location near Salamanca, Hobart CBD and elite schools This is a rare find for developers, builders, or high-end owner-occupiers looking to craft a statement home in a dream location. Concept renders and detailed plans are available upon request. Offered to market at Offers Over $1.6 million, this is the chance to own one of Sandy Bay's most exciting and prestigious projects - before it's complete.

Features

5 bedrooms
2 bathrooms
4 carspaces
272 m² floor area
569 m² lot size
House

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 5 bedroom houses in Sandy Bay

In the last 12 months, 18 five-bedroom houses similar to 2a Derwentwater Avenue, have been sold.

This represents a 6% increase in five-bedroom houses sales when compared to the previous 12 months.

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