Positioned in one of Sandy Bay's most sought-after locations, 128 Sandy Bay Road presents a substantial and versatile property offering excellent lifestyle appeal and strong future investment potential. Set along the main Sandy Bay Road, the property enjoys close proximity to Hobart's CBD, the University of Tasmania, Sandy Bay shopping precinct, public transport and a wide range of local amenities, making it appealing to both owner-occupiers and investors alike.
The residence offers approximately 393 square metres of internal space arranged across multiple levels, providing a highly adaptable floorplan that can accommodate a variety of living and investment strategies. The configuration lends itself to flexible use, including multi-generational living, home-and-income arrangements or future rental optimisation, subject to the purchaser's requirements. Separate living areas and bedrooms across different levels enhance privacy and functionality.
The elevated position allows the property to capture attractive water views along with mountain views, a combination that adds significant appeal and long-term value. Generous proportions, good natural light and practical design contribute to a comfortable and versatile living environment.
The property is currently vacant, providing the incoming owner with the flexibility to move in, renovate, reconfigure or lease according to their preferred strategy. Located within a consistently high-demand rental area, particularly popular with university students, professionals and families, the layout and location offer strong potential to generate attractive rental returns in the future.
Key Features
3D tour: https://128-sandy-bay-rd.netlify.app/
• Prime Sandy Bay Road position with excellent accessibility
• Close to Hobart CBD, University of Tasmania and local amenities
• Approx. 393 sqm of internal space across multiple levels
• Highly flexible layout with multiple living and accommodation options
• Elevated position with water and mountain views
• Currently vacant, offering immediate flexibility for the new owner
• Located in a proven, high-demand rental area with strong future potential
*Inner residential zoning
Council rate: $4,650 p.a *
Land tax: $1,261 p.a *
Water rate: $1,148 p.a *
Whether you are seeking a spacious and well-located home or an investment opportunity with scope to enhance returns over time, 128 Sandy Bay Road represents a rare opportunity in a tightly held Sandy Bay location.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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