OFF MARKET

16/17 Margaret Street
Sandy Bay TAS 7005

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 134m2
Land area: 216m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 16/17 Margaret St, Sandy Bay

16/17 Margaret St, Sandy Bay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 216m2 and floor size of 134m2.

Building Type
Unit
Year Built
1970
Floor Size
134m2
Land Size
216m2
Local Government
Hobart

Last Listing description (June 2021)

Perched atop a well established Sandy Bay unit block, this light-filled penthouse offers unsurpassed views and spacious living, drenched in an abundance of sunshine in an enviable location.

Upon entry, the mesmerising views are simply breathtaking. The expansive open-plan design, with polished floors, allows for maximum sunshine and space, with multiple options to configure the living spaces. Future-proofed, the lounge room features a custom-built media centre, and is partially separated from the secondary living space by way of built-in storage shelves and cabinets.

The contemporary kitchen boasts oodles of cabinet, pantry, and bench space, with integrated appliances. A waterfall bench is ideal for casual meals with a view, with ample room nearby for a more formal dining setting, with corner windows framing the equally as impressive vistas.

Each of the three bedrooms contain built-in wardrobes, and one features a custom-built desk and additional cupboards. The master suite, once again with enviable views and an abundance of natural light and warmth contains an ultra-stylish en-suite with shower with chic floor-to-ceiling tiles, a wide floating vanity, and commode.

Sleek corresponding style, with glistening whites and blacks, flows into the main bathroom, with an over-bath glass shower, vanity, toilet and room for laundry appliances to be housed within.

Outside, the sun-soaked balcony hugs the home, wrapping right around to the master bedroom, and can be accessed from multiple rooms in the apartment. A locked fence ensures complete security to the outdoor entertaining spaces, with plenty of room for BBQs and gatherings in the sunshine while admiring the ever-changing vistas and boats drifting by.

At ground level, lovely communal gardens are able to be enjoyed, and there is a large under cover carpark. A semi-circle driveway provides easy access to the building located as it is at the end of a quiet Sandy Bay cul-de-sac.

For those interested in acquiring this chic penthouse on a walk-out/walk-in basis, a fully furnished package can be negotiated.

Situated within one of Hobart's most prestigious suburbs, and within walking distance to the many amenities of Sandy Bay, historic Battery Point, and the CBD, this immaculately presented penthouse offers stylish living with incredible views from the very top.

Property History for 16/17 Margaret St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Listed for Rent
$747/w
17 Jul 2020
  • 18 Dec 2020
    Listed for Sale $1,100,000+ price range
  • 06 Jul 2020
    Listed for Rent $750 / week
  • 20 Nov 2019
    Listed for Rent $850 / week

Commute Calculator

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 17 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 185 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

Market Insights
Sandy Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Sandy Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.