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Back 676 Sandy Bay Rd
Off Market

676 Sandy Bay Rd

Sandy Bay TAS 7005

4
3
4
204 m²
647 m²
House
Last sold for $1,375,000
Abi FreemanAbi Freeman, last sold this property on 03 September 2023 after 303 days on market.

Overview

Investment opportunity in a prime location

Desirably positioned on the water side of Sandy Bay Road, this substantial brick dwelling has been converted into three spacious apartments. The property currently generates an impressive combined weekly rental income of $1,205.00. Two of the apartments have stunning views of the River Derwent. Combined with contemporary updates and electric heating, these apartments offer comfortable and convenient living. Apartment one – 2 bedrooms, 1 bathroom. Currently leased until 30/1/24 for $500 per week. Apartment two – 1 bedroom, 1 bathroom. Currently leased until 13/8/24 for $395 per week. Apartment three – 1 bedroom, 1 bathroom. Currently leased until 10/8/24 for $310 per week. For those with a keen eye for renovation, these dwellings could be converted back into one substantial family home. Positioned on a generous allotment of 647 sqm, this property also offers an outstanding opportunity to build your dream home (STCA), with the benefit of receiving rental income whilst planning is underway. Whatever you decide, you cannot go wrong with this quality property in an unrivalled location with a short walk to Long Beach, restaurants, cafes, shops and the Twighlight Markets. The location is also in the nearby vicinity of Nutgrove Beach, UTAS and just a short drive to Hobart's CBD.

Features

4 bedrooms
3 bathrooms
4 carspaces
2 carport spaces
2 open car spaces
204 m² floor area
647 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Sandy Bay over the last 12 months, the estimated median property value of 676 Sandy Bay Rd is $1.42m.

Median value
$1.42m
Estimated value range
$870k - $3.88m
Median days on market
34
Estimated value trend
-5%
decrease 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 676 Sandy Bay Rd

2023
Sold
$1,375,000
03 Sep 2023 by Abi Freeman, of Elders Tasmania
2015
Sold
16 Apr 2015 by Rod Krstic, of View Real Estate Hobart

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 4 bedroom houses in Sandy Bay

In the last 12 months, 59 four-bedroom houses similar to 676 Sandy Bay Rd, have been sold.

This represents a 3% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sandy Bay

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Phoebe Nothling

Sellers who recommend Phoebe Nothling have praised them for being clear communication, local expert, friendly, responsive, supportive, honest and pleasant

  •   4.9   (162 reviews)
  •  9 Reviews in Sandy Bay
  •  10 Sales in Sandy Bay
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Rob Henry

Rob Henry is a recommended agent for Sandy Bay.  They have 11 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (71 reviews)
  •  7 Reviews in Sandy Bay
  •  11 Sales in Sandy Bay
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Georgie Rayner

Georgie Rayner is a recommended agent for Sandy Bay.  They have 5 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (47 reviews)
  •  5 Reviews in Sandy Bay
  •  5 Sales in Sandy Bay
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Harry Coomer

Sellers who recommend Harry Coomer have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and reliable

  •   4.9   (1082 reviews)
  •  5 Reviews in Sandy Bay
  •  5 Sales in Sandy Bay
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