OFF MARKET

2/323 Churchill Avenue
Sandy Bay TAS 7005

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 305m2
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Last updated 11 Nov 2024
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Property Details for 2/323 Churchill Ave, Sandy Bay

2/323 Churchill Ave, Sandy Bay is a 1 bedroom, 1 bathroom Unit and was built in 1987. The property has a land size of 305m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1987
Floor Size
53m2
Land Size
305m2
Local Government
Hobart
Lot/Plan
2/176102

Last Listing description (November 2024)

Notably orientated to the north, this perfectly located, sun drenched apartment is sure to excite downsizers, retirees, first home buyers, and savvy investors alike. With captivating views across the River Derwent and Tasman Bridge, plus located close to shopping centres, cafes, schools, University, and services, this 1 bedroom, ground floor, executive apartment is a must inspect for serious buyers.

The property will suit retirees and downsizers, with its flat terrain and single level construction (note there are stairs from the carpark to the apartment), combined with privacy, expansive gardens, river views and proximity to medical centres and the city. First home buyers will find the ideal blend of affordability, space, and location, whilst investors will be impressed by the combination of strong yield and capital growth potential in a blue-chip location. The property is tenanted until August 2025 at $470 per week, providing a secure investment proposition.

The villa features a spacious, open plan living zone, welcomed by a lovely, covered patio from which to enjoy your morning cuppa and take in the stunning river vistas. From the lustrous modern kitchen, through to your generous master bedroom with built in wardrobes, this stunning abode is just so very functional. A neutral colour palette, combined with quality window furnishings, and warm sisal carpets, make this apartment an extremely easy property to make your own. The bathroom is sleek and practical whilst a large laundry also provides an abundance of handy storage space. The apartment has 1 designated carpark allocated off Churchill Avenue, with loads of on street parking available for visitors.

This strata-titled unit is only moments from nearby cafes and shops, along with Long Beach and Nutgrove Beach. The University of Tasmania, Sandy Bay Campus is only minutes away and you're within easy reach of the vibrant centre of Hobart with shops, restaurants, and entertainment on hand. This property may also be (small) pet friendly, subject to strata approval.

Contact Mark Weaver to secure your inspection today.

? North facing, river views, ground floor
? Covered patio, expansive gardens
? Open plan living, neutral tones
? High yield plus strong capital growth potential*

Council Rates: $1,800 (Approx p.a.)
Water Rates: $800 (Approx p.a.)
Strata Title Insurance: $900 (Approx p.a.)

Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.

Property History for 2/323 Churchill Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$530,000
17 Aug 2021
Listed for Rent
$470/w
06 Aug 2024
  • 06 Aug 2024
    Listed for Rent $470 / week
  • 15 Jul 2024
    Listed for Sale Offers over $499,000
  • 31 May 2023
    Listed for Rent $470 / week
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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 5,842 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:

  • 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, 185 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.