FOR SALE
Buyer Enquiry Range $995,000 - $1,095,000

59B Red Chapel Avenue
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 6
Floor area: 117m2
Land area: 1036m2
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Your Opportunity to Create Something Extraordinary

Tucked away in one of Sandy Bay's most desirable streets, 59b Red Chapel Avenue offers a rare combination of space, privacy, and potential. This is not just a property-it's an opportunity to craft your ideal lifestyle in an exclusive, blue-chip location. With specatular views of the River Derwent by day and the sparkling lights of Hobart by night, this expansive 1040m² parcel of land provides a blank canvas for your vision.
The existing cottage is brimming with historic charm, originally serving as the farmhouse that pre-dates much of Sandy Bay's development. While the cottage is ready for renovation, if you choose to demolish, the character hardwood and fittings could be repurposed. The real value however, lies in the land itself, which holds boundless potential for transformation. Whether you envision breathing new life into the character-filled cottage or building a contemporary masterpiece (STCA), this is a site with possibilities as vast as the views it offers.
A Rare Location Offering Lifestyle at its Best
Positioned at the top of Red Chapel Ave, the property enjoys an elevated setting that delivers 360-degree vistas-stretching from the River Derwent to the city and the slopes of kunanyi/Mt Wellington. A near-level allotment makes design and development a breeze, and dual access from both a private driveway and rear laneway adds convenience for future planning and circular traffic flows (STCA).
This is a lifestyle-centric location that offers a unique blend of natural beauty and urban convenience. With direct access to the beach just moments away at the bottom of Red Chapel Avenue, walking tracks on your doorstep, and proximity to the best schools and the University of Tasmania, this is a place where morning beach strolls and evening drinks on your veranda can become daily rituals.
Privacy, Potential, and Views That Can't Be Built Out
Set back from the street amid leafy surrounds, 59b Red Chapel Avenue offers almost complete privacy, giving you the peace and seclusion rarely found so close to the city. The outdoor space offers a solid foundation with a towering pine and a scattering of florals, hedges, and vegetable plots, ready for someone with vision to take it to the next level. It's a blank canvas brimming with potential-imagine transforming it into a landscaped oasis, with alfresco areas designed to soak up the natural beauty and peaceful ambiance that surround the property. Importantly, the property's elevated position ensures that your stunning river and mountain views. Whether you choose to restore the cottage or design a modern architectural statement, the views will always be a central feature of life here.
The Best of Sandy Bay at Your Doorstep
Living in Sandy Bay means having Hobart's best right at your fingertips. Stroll to nearby parks, beaches, and walking trails. Hill Street Grocer, Sandy Bay's cafes, restaurants, and major supermarkets are all just minutes away. Hobart's CBD is a mere 10-minute drive, or hop on the bus-just a five-minute walk from home-for an easy commute.
This property offers more than just a home-it offers a lifestyle of convenience, tranquillity, and unparalleled potential. Whether you're a visionary looking for your next project, a family ready to plant roots, or an investor seeking prime real estate, 59b Red Chapel Avenue promises a future as bright as its spectacular views.
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Property Details for 59b Red Chapel Ave, Sandy Bay

59b Red Chapel Ave, Sandy Bay is a 2 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 1036m2 and floor size of 117m2. The place is currently for sale with PRDnationwide Hobart.

Building Type
House
Floor Size
117m2
Land Size
1036m2

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About Sandy Bay 7005

The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23% of total area. The population of Sandy Bay in 2011 was 11,156 people. By 2016 the population was 11,925 showing a population growth of 6.9% in the area during that time. The predominant age group in Sandy Bay is 20-29 years. Households in Sandy Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandy Bay work in a professional occupation. In 2011, 63.1% of the homes in Sandy Bay were owner-occupied compared with 61.5% in 2016.

Sandy Bay has 5,844 properties. Over the last 5 years, Houses in Sandy Bay have seen a 35.40% increase in median value, while Units have seen a 26.32% increase. As at 30 September 2024:

  • The median value for Houses in Sandy Bay is $1,289,506 while the median value for Units is $671,744.
  • Houses have a median rent of $605 while Units have a median rent of $480.
There are currently 24 properties listed for sale, and 17 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Sandy bay.

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