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Sold on 12 Sep 2024 - Price Unavailable

4/8 Binney Court
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 122m2
Sold By
Ripple Realty
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Property Details for 4/8 Binney Ct, Sandy Bay

4/8 Binney Ct, Sandy Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 122m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Sandy Bay in the last 12 months.

Building Type
Unit
Year Built
1950
Floor Size
98m2
Land Size
122m2
Local Government
Hobart
Lot/Plan
4/59452

Last Listing description (September 2024)

Comfortable, stylish, and with magnificent views over Hobart's two dominant landmarks - kunanyi/Mt Wellington and the Derwent River - this sunny two-bedroom apartment's prime location just 10 minutes from central Hobart makes it an unmissable opportunity for astute investors or buyers looking for a convenient and quiet place to call home.

Situated on the top level of a small complex of four units, the double brick building has been completely re-wired - a significant task already taken care of for you.

Sun-drenched and spacious, the living room is made even more inviting with a wood fire for additional warmth during the chilly winter months. There is room for dining and easy access to the deck, which is the perfect vantage point to take in the glorious river views that stretch from the Tasman Bridge and Eastern Shore beyond, right across to Wrest Point casino - equally stunning by day or with sparkling city lights in the evening.

The generous kitchen has ample storage and bench space, there's even room for a small breakfast bar. Both bedrooms are a great size and have built-in wardrobes and a pleasant outlook towards the mountain, plus there is a small but handy study.

A vanity and wide walk-in shower are included in the bathroom, with the toilet adjacent, and double-glazed windows in both areas. Downstairs, you will find an oversized single garage with additional storage space available, off-street parking, and a shared leafy yard.

The property is currently operating as an Airbnb and comes with a proven track record as successful short-stay accommodation. You can purchase this superb property vacant, or with the existing furniture included - so that you can reap the rewards of your investment without delay.

With Hobart's CBD only a short drive away, and Salamanca's restaurants and bars and Sandy Bay shops even closer - you will have all amenities at your fingertips, without that crowded inner-city feeling. There is a bus service along Churchill Ave or Sandy Bay Rd, the University of Tasmania is less than 1km away and there are sought-after schools nearby, plus beautiful local beaches and recreation areas within walking distance.

Its exclusive and convenient location makes this low-maintenance property a very attractive investment or a quality home with a touch of vintage elegance. It is sure to be a popular choice, so contact Warwick today and arrange a time to inspect.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 4/8 Binney Ct, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
12 Sep 2024
  • 12 Sep 2024
    Sold
  • 26 Jul 2024
    Listed for Sale Not Disclosed
  • 01 Nov 2015
    Sold for $358,000
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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 5,853 properties. Over the last 5 years, Houses in Sandy Bay have seen a 28.55% increase in median value, while Units have seen a 30.69% increase. As at 31 August 2024:

  • The median value for Houses in Sandy Bay is $1,249,419 while the median value for Units is $694,212.
  • Houses have a median rent of $600 while Units have a median rent of $478.
There are currently 23 properties listed for sale, and 21 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Sandy bay.

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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.