2/43 Regent StreetSandy Bay TAS 7005
Property Details for 2/43 Regent St, Sandy Bay
2/43 Regent St, Sandy Bay is a 2 bedroom, 1 bathroom Unit and was built in 1972. The property has a land size of 80m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Sandy Bay in the last 12 months.
Last Listing description (August 2024)
Fantastic opportunity to invest in one of Tasmania's most esteemed suburbs with this charming top-level unit at 2/43 Regent Street, Sandy Bay. This property presents an enticing prospect for the savvy investor, boasting an attractive rental yield of approximately 4%.
Comprising two generously-sized bedrooms, each featuring built-in wardrobes, this unit is perfect for tenants seeking comfort and convenience. The interior is complemented by a brand-new laundry/bathroom, ensuring modern living standards. A spacious and well-appointed kitchen flows off the living area.
Located within a well-maintained complex of only eight units, this property stands out with its superb location. A mere stone's throw from the bustling Sandy Bay shopping precinct, tenants will enjoy the ease of access to a variety of retail and dining options. Moreover, the convenience of public transport right on your doorstep enhances the appeal for a steady stream of potential renters.
This unit not only offers a dedicated parking space but also the peace of mind that comes with a secure and tidy living environment. Currently commanding a rent of $460 per week, it's a turnkey solution for investors seeking to expand their portfolio with a property set in a coveted Tasmanian suburb.
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Disclaimer: This information has been carefully compiled and is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. The author makes no claim as to the accuracy of the information within and does not intend it to be legally binding. All other responsibilities disclaimed.
Information contained herein on specific properties has been provided by the vendor, by the authorities, or by third party providers. It is subject to the final contract and interested parties must make their own separate enquiries to verify and ensure accuracy of the information herein.
Property History for 2/43 Regent St, Sandy Bay, TAS 7005
- 28 Jun 2024Sold for $510,000
- 10 Jun 2024Listed for Sale $495,000+
- 11 Oct 2023Listed for Rent $460 / 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.
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