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Back 303/1 Sandy Bay Rd
Off Market

303/1 Sandy Bay Rd

Hobart TAS 7000

1
1
75 m²
75 m²
Unit
Last sold for $442,000
Sam MonksSam Monks, last sold this property on 18 January 2026 after 60 days on market.

Overview

Consistent Returns or Stylish City Residence

This fully furnished studio apartment presents an exceptional opportunity for investors seeking strong, consistent returns. Managed by one of Australia's largest and most trusted accommodation groups, Mantra Apartments are renowned nationwide for their high standards of design, comfort, furnishings and premium amenities. For those looking to secure a solid investment that also offers the flexibility of personal use, this apartment is a standout choice. Additionally, this rare offering provides the option to convert the apartment into a full-time private residence (STCA), giving you even more long-term versatility. Perfectly positioned opposite St David's Park and only a short stroll to vibrant Salamanca Place and the Hobart CBD, this executive one-bedroom apartment delivers convenience, lifestyle appeal and proven investment success. Comprehensive financial reports for the past three years are available upon request. • Fully furnished and managed • Opportunity to convert into a residence (STCA) • Proximity to the CBD and Salamanca • Art Deco architecture Year Built: 1928 Heating: Reverse Cycle Air-Conditioning Approx. Council Rates: $2605 per annum Approx. Water Charges: $758 per annum Approx. Body Corporate Fess: $6761 per annum Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma Property.

Features

1 bedroom
1 bathroom
75 m² floor area
75 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Hobart over the last 12 months, the estimated median property value of 303/1 Sandy Bay Rd is $442k.

Median value
$442k
Estimated value range
$165k - $655k
Median days on market
100
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Hobart. 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 303/1 Sandy Bay Rd

2026
Sold
$442,000
18 Jan 2026 by Sam Monks, of Petrusma Property - Hobart/ Sandy Bay
2014
Sold
$310,000
Private Sale/Treaty on 17 Nov 2014 by Sam Monks, of Peterswald

Happy sellers in Hobart

70%
70% of sellers in Hobart reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 1 bedroom units in Hobart

In the last 12 months, 6 one-bedroom units similar to 303/1 Sandy Bay Rd, have been sold.

This represents a 75% decrease in one-bedroom units sales when compared to the previous 12 months.

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Ant Manton

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