Presented to the market is this 1,082m2 parcel of premium land with unlimited potential to design your dream home or develop two townhouses (STCA) in one of Hobart's most prestigious addresses.
Enjoying panoramic views of greater Hobart and the ever changing vistas of the River Derwent, whilst being in a very private setting at the end of an executive cul-de-sac, this large north facing block enjoys all-day sunshine and is surrounded by distinctive cutting edge architecturally designed homes.
Land of this quality and in this coveted precinct is a rare commodity and offers enviable options to savvy investors or those seeking to create an extremely desirable lifestyle residence.
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:
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