OFF MARKET

116A Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 65m2
Land area: 131m2
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Property Details for 116a Sandy Bay Rd, Sandy Bay

Building Type
Commercial
Year Built
1928
Floor Size
65m2
Land Size
131m2
Local Government
Hobart
Lot/Plan
1/157977

Last Listing description (March 2019)

Ground floor retail/office, situated in a high profile location at the intersection of Sandy Bay Road and Byron Street, in the heart of the Sandy Bay shopping precinct.
The tenancy is available in March 2019 and has an area of approximately 36 sqm.
The tenancy has been recently renovated, comprising new bathroom, balcony and one off street park.

This is your opportunity to secure a high profile retail/office tenancy, in a sought after suburban location.
Please call now to arrange an inspection.

Property History for 116a Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$190,000
25 Mar 2013
Listed for Rent
12 Mar 2019
  • 31 Jan 2019
    Listed for Rent $32,240 / year
  • 22 Jul 2014
    Listed for Rent $23,400 / year
  • 04 Mar 2014
    Listed for Rent - Price not available
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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 5,841 properties. Over the last 5 years, Houses in Sandy Bay have seen a 37.00% increase in median value, while Units have seen a 19.52% increase. As at 31 October 2024:

  • The median value for Houses in Sandy Bay is $1,320,252 while the median value for Units is $648,147.
  • Houses have a median rent of $620 while Units have a median rent of $495.
There are currently 27 properties listed for sale, and 16 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 184 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.