OFF MARKET

308/1 Sandy Bay Road
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 70m2
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Last updated 11 Nov 2024
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Property Details for 308/1 Sandy Bay Rd, Hobart

308/1 Sandy Bay Rd, Hobart is a 1 bedroom, 1 bathroom Unit and was built in 1928. The property has a land size of 70m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1928
Floor Size
70m2
Land Size
70m2
Local Government
Hobart
Lot/Plan
308/151831

Last Listing description (October 2019)

Low outgoings, great net income returns and management by Mantra, one of Australias leading hotel and resort chains. Fully furnished and in a prime location, this investment is one you wouldnt want to miss.

The property has recently had a tasteful renovation upgrading it to executive standard with quality furnishings. Making the space exceptionally inviting and comforting. Featuring high ceilings, an open plan design and a neutral colour palette throughout.


Positioned directly opposite St Davids Park, it is literally a stroll through the park to Salamanca, and an easy walk to Battery Point or the city centre.

There has been significant income increases over the past 12 months with forward projections looking even better. For further information regarding the property or financials, please contact us. #AtYourService

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Property History for 308/1 Sandy Bay Rd, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$442,555
18 Dec 2021
  • 18 Dec 2021
    Sold for $442,555
  • 02 Jul 2019
    Listed for Sale Buyers looking in the $400,000+ price range
  • 21 May 2007
    Sold for $210,000

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About Hobart 7000

The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of total area. The population of Hobart in 2011 was 2,102 people. By 2016 the population was 2,298 showing a population growth of 9.3% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation. In 2011, 31.3% of the homes in Hobart were owner-occupied compared with 26.4% in 2016.

Hobart has 3,030 properties. Over the last 5 years, Houses in Hobart have seen a 27.83% increase in median value, while Units have seen a 34.77% increase. As at 31 October 2024:

  • The median value for Houses in Hobart is $1,051,039 while the median value for Units is $818,558.
  • Houses have a median rent of $560 while Units have a median rent of $575.
There are currently 15 properties listed for sale, and 30 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Hobart.

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