Superbly positioned in the heart of the ever developing Sandy Bay shopping precinct sits this 146sqm retail space. The tenancy has excellent exposure to bustling Magnet Court which features an excellent array of retail tenants, award winning restaurants and an abundance of car parking. This is a superb opportunity to join leading national names such as Blue Illusion (next door), Anytime Fitness, Lorna Jane, Country Road, Witchery, Yeltour, Flight Centre, ANZ, CBA, Westpac, NAB, Coles, Woolworths and a host of strong performing local brands.
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 5,842 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:
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