For Sale

2a Derwentwater Avenue, Sandy Bay, TAS, 7005

5
2
4
272 m²
569 m²

House

30+ days on the market

Inspection times

Inspections are by appointment only.

What's around 2a Derwentwater Avenue

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.

Looking for more information on 2a Derwentwater Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
Offers over $1.35M
53 Lipscombe Avenue
Sandy Bay TAS 7005
5
2
4
House
For Sale
Offers Over $2,900,000
555 Sandy Bay Road
Sandy Bay TAS 7005
5
2
4
House
For Sale
Price not available
650 Sandy Bay Rd
Sandy Bay TAS 7005
5
3
2
House

Other properties for sale by Downton Property

For Sale
Price not available
115 Montrose Rd
Montrose TAS 7010
Land
For Sale
Price not available
2 Bonnett Pl
Mornington TAS 7018
3
2
4
House
For Sale
Price not available
5/35A Barossa Road
Glenorchy TAS 7010
1
1
1
Apartment

Browse properties sold in nearby areas

See more details about this listing on
Email
© 2026 RateMyAgent