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5/362 Sandy Bay Road

Sandy Bay TAS 7005

2
1
1
105 m²
150 m²
Apartment
Currently for sale - view listing

Overview

Waterfront Living Overlooking the Derwent Sailing Squadron.

Positioned within one of Sandy Bay's most tightly held waterfront precincts, this beautifully presented ground-floor Art Deco apartment captures uninterrupted views across the Derwent Sailing Squadron, boat moorings and the glistening River Derwent, delivering an exceptional lifestyle opportunity in a truly blue-chip location. Combining timeless Art Deco character with generous proportions, beautiful dimensions and abundant natural light, the residence offers a relaxed waterfront lifestyle perfectly suited to owner-occupiers, downsizers, professionals or investors alike. Morning sun streams into the interiors, enhancing the warmth and livability of the home, while the spacious living and dining area flows seamlessly to a sunroom designed to make the most of the ever-changing waterfront outlook. Thoughtfully configured for easy living, the well-appointed kitchen offers excellent storage, generous bench space and a dishwasher, while soft carpeting throughout adds comfort and warmth underfoot. Accommodation includes two well-sized bedrooms, both complete with built-in wardrobes. The spacious main bedroom provides a comfortable retreat, while the second bedroom offers flexibility for guests, a home office or additional living space. A large separate laundry provides valuable additional storage, complemented by a secure single lock-up garage, a particularly desirable feature, with the two upstairs apartments not having garages. There is also useful storage space between the garage and laundry, while the hot water cylinder was upgraded to a new large unit in 2023 and relocated to the storage area, creating additional space within the laundry. The property has also benefited from upgraded electrical work, heaters and lighting in 2023, providing modern functionality while retaining the charm and character of the Art Deco architecture. Offering a level entry from the side gate, the property enjoys a wonderfully private and convenient position, with the side gate rarely used by others. There is also the added convenience of being able to park outside the side gate for removals and heavy deliveries, with this area located on Crown land. The owners also hold an additional five feet of land extending from the garage wall towards the casino, adding further appeal and flexibility to the property. The location is second to none, just moments from the Derwent Sailing Squadron, Wrest Point Casino and the waterfront, while cafés, restaurants, shops and everyday conveniences are all close at hand. A bus stop is conveniently positioned right outside, while Salamanca, Hobart's CBD and the University of Tasmania are all within easy reach. Despite its central location, the apartment enjoys an unexpectedly peaceful and quiet setting, sitting below road level and sheltered from much of the surrounding activity. The immediate neighbourhood is also highly regarded, with wonderful neighbours and a strong sense of community. Now held under strata title, having previously been company title, the property offers the simplicity and security of individual title ownership. Importantly, short-stay accommodation is not permitted, with a minimum six-month rental period applying, providing reassurance for owner-occupiers and those seeking a more settled residential environment. Offering an enviable balance of absolute waterfront living, timeless Art Deco appeal, generous dimensions, tranquillity and exceptional city convenience, this is a rare opportunity to secure a unique residence in one of Hobart's most desirable lifestyle destinations. Heating: Electric Fireplace/ x2 Panel heaters Year built: 1937 Council rates: $3155.00 Per annum approx. Fixed water rates: $955.40 Per annum approx. Rental estimate: $580.00 - $640.00 per week. Strata Fees: $5,000 Per annum.

Features

2 bedrooms
1 bathroom
1 carspace
105 m² floor area
150 m² lot size
Apartment

Property history for 5/362 Sandy Bay Road

2024
Rented
Undisclosed
Leased on 02 Jun 2024 by EIS Property Hobart
2021
Sold
Undisclosed
21 Dec 2021 by Pam Corkhill, of Harrison Agents Hobart

Happy sellers in Sandy Bay

84%
84% 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 33 reviews in Sandy Bay over the last 12 months.

Local market activity for 2 bedroom apartments in Sandy Bay

In the last 12 months, 17 two-bedroom apartments similar to 5/362 Sandy Bay Road, have been sold.

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

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