3 Alexander StreetSandy Bay TAS 7005
Property Details for 3 Alexander St, Sandy Bay
3 Alexander St, Sandy Bay is a 12 bedroom, 12 bathroom House with 8 parking spaces and was built in 2009. The property has a land size of 1000m2 and floor size of 359m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
Last Listing description (June 2018)
On the door steps on the Sandy Bay campus of University of Tasmania is this incredible opportunity for the astute investor.
Offering 12 dorm style suites, this property presents an incredible return with further opportunity.
The suites are fully furnished and well-appointed for student accommodation or Air BnB. Each suite has its own en-suite, desk area, phone line, internet connection, double bed, bar fridge, wardrobe storage and heating.
The kitchen and living area are currently configured as an exceptionally large common area and is finished in contemporary neutral tones. It comes well equipped with 4 x gas cook top burners, under bench wall oven, a large kitchen island and plenty of storage.
Off this common area is a large laundry and storage room.
There is off street parking for 8 vehicles.
STCA there is an opportunity to increase your return with further development underneath.
Currently serving as student accommodation, each room returns weekly rental of between $240 and $280.
Inspections by private appointment.
Property History for 3 Alexander St, Sandy Bay, TAS 7005
- 25 May 2017Sold for $1,730,000
- 08 May 2017Listed for Sale Contact Agent
- 31 Oct 2012Listed for Sale FOR SALE BY AUCTION
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0About 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.
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